The most salient aspect of China-Africa trade relations is oil. By 2013, Africa had become China’s second-largest source of crude oil imports, shipping 1.3 million barrels a day, or 23 percent of what Beijing was buying abroad, according to a report by the Council on Foreign Relations. China’s largest suppliers of crude include Angola, Equatorial Guinea, Nigeria, the Republic of Congo and Sudan, all countries with troubled histories in terms of governing democratically.
China provides low-interest loans to countries with poor credit ratings in exchange for oil and mining rights. Last year, China unveiled a $12 billion package of credit and development funding for Africa.