Author: Sunday Aninpah Khan, Francis Menjo Baye.

China’s economic transformation and its inte gration into the world trading system has been one of the most remarkable economic events in recent decades. Its economy has grown by almost 10% per annum over the past decade and is predicted to become the world’s fourth economy in the next five years (OECD, 2005). Its share in world goods trade increased from 1% in 1979 to 6.5% in 2005 and the Chinese economy has the potentials of becoming the world’s top export er in the next decade due to increasing FDI, high domestic savings and improved productivity (Hong, 2006). According to Broadman et al (2007), between 1990-1994 and 1999-2004 the annual average growth rate of African exports to China was 20% and 48% respectively. China now accounts for about 20% of the world’s population. China has become an important player in the global economy and politics, actively participating in global institutions. Whether we like it or not, China is presenting a new and significant challenge to the global economy and particularly developing economies. No country can dare ignore China nowadays; not to talk of Sub-Saharan Africa countries like Cameroon.