Author of China/Africa: the Dragon and Ostrich, Mr Adama Gaye, yesterday said trade level between China and Africa has gradually increased from $10 billion in 2000, to an estimated $55 billion.
Gaye said the Chinese government hopes to hit the $100 billion mark before 2010, making it the most important foreign actor on the continent. Also, Nigeria is among five African countries where China hopes to set up commercial centres that will become the offshore base for its commercial activities on the continent.
