Renminbi hedging and Africa: the final frontier

The Chinese way


Unlike the majority of the global economy, trade between China and Africa is booming. Two-way trade stood at $166 billion in 2011, triple its 2006 amount, and making China Africa’s largest trading partner. Standard Bank estimated in April 2012 that African imports of Chinese goods are up 24% since 2008, and account for 4% of China’s total exports. A trade network of more than 1,500 Chinese corporates operate in 18 African nations.

This is reflected in a rapid increase in renminbi use in Africa

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: