大象传媒

Social and economic issuesChina's role in G7 and G20 groups

A Capitalist economic system has brought wealth for some and mass migration from rural to urban areas. Not everyone has benefited from social and economic change, and new problems have been created.

Part of Modern StudiesWorld power: China

China's role in G7 and G20 groups

Economic influence

China is a member of the G20 group. These groups contain most of the countries in the world with the largest economies.

Summits or meetings of the leaders of the G20 countries offer the opportunity for China and other group members to develop closer economic ties to expand trade. In addition, it allows China another forum to discuss issues of global concern such as:

  • environmental issues
  • terrorism
  • conflict
  • poverty

Influence in Africa

China has increased their influence in Africa through their Belt and Road initiative. For example, China has been involved in building new train lines in Ethiopia, Nigeria, and Kenya.

Many of the projects in the initiative require countries involved to repay the cost to China.

China is Africa鈥檚 biggest trade partner with trade of over $200 billion per year.

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