Official: China offers Africa more trade and investment at key summit

Nov 7th, 2009 - themorningcall

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BEIJING (AP) - China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published Saturday.

The proposals outlined by Chinese Commerce Minister Chen Deming come ahead of a summit Sunday and Monday between Chinese and African leaders in the Red Sea resort of Sharm el-Sheikh. The meeting follows a landmark 2006 summit in Beijing that catapulted China's hunt for oil, minerals and other raw materials in Africa and brought Africa Chinese investment in infrastructure and other projects.

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