July 1, 2008. China’s economic growth over the past three decades has enabled over 400 million people to climb out of extreme poverty—a dramatic success story built around China’s own development strategy. The country’s experience offers practical lessons that can be used by other developing regions, and growing economic ties can pave the way for shared learning.

Sino-African trade has exploded from $2 billion in 1999 to $55.5 billion in 2006 and $73 billion in 2007, growing faster than Chinese trade with the rest of the world, and making a significant contribution to China’s success. Building on the expanding relationship, the World Bank Institute and the Bank’s Africa and East Asia and Pacific Regions supported the Chinese Government in organizing a unique South-South ‘experience sharing’ program last month [...]

For the complete story, please visit the World Bank's external site here.

 

 

Philip Karp, Regional Coordinator for East Asia and the Pacific at the World Bank Institute (WBI), also commented on the successful outcome of this event on his blog entry.

 

 

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