Bilateral trade in 2005 hit a new high to US $137 million the as China sold mainly textile, shoes and machinery to Namibia and bought from it frozen fish and copper.
China-Africa economic ties have grown rapidly in recent years and the statistics show that the two-way trade volume has rocketed from $4 billion in 1995 to $40 billion in 2005.
Chinese direct investment in Africa has amounted to $1.18 billion with more than 800 Chinese enterprises on the continent.
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