Cape Verde–People's Republic of China relations refers to the current and historical relationship between the People's Republic of China and

Cape Verde , national_anthem = () , official_languages = Portuguese , national_languages = Cape Verdean Creole , capital = Praia , coordinates = , largest_city = capital , demonym ...

. The two states established

bilateral relations Bilateralism is the conduct of political, economic, or cultural relations between two sovereign states. It is in contrast to unilateralism or multilateralism, which is activity by a single state or jointly by multiple states, respectively. When ...

on April 25, 1976, shortly after Cape Verde gained independence from the Portuguese Empire. Cape Verde is an adherent to PR China's

One China Policy The term One China may refer to one of the following: * The One China principle is the position held by the People's Republic of China (PRC) that there is only one sovereign state under the name China, with the PRC serving as the sole legit ...

. In the mid-1990s, a number of Chinese capitalists began investing in the island nation and relations grew during the 2000s as a result.

Economic development

In 1980, Cape Verde and China signed an Economic and Technical Cooperation Agreement through which China would construct a parliamentary hall for Cape Verde. The hall was finished in 1985. Since the first Forum on China Africa Cooperation conference in 2000, the Chinese government has successfully delivered $63.5 million in development finance. These projects include $4.4 million for construction of the Poilão dam in the Santa Cruz, $22 million to build a sports stadium in Monte Vaca, and $2.3 million in debt forgiveness. Cape Verde and China both participate in the multi-lateral group

Forum Macao Forum Macao, officially the Forum for Economic and Trade Co-Operation Between China and Portuguese-Speaking Countries, is a multi-lateral economic cooperation forum established in 2003 by China's Ministry of Commerce. Structure and format Forum ...

, which China formed in 2003 to increase economic and commercial cooperation between China and the Portuguese-speaking countries. During the 2010 Forum Macao meeting, Chinese Premier Wen Jiaobao announced the creation of a $1 billion fund aimed at boosting trade between China and Portuguese speaking countries.Austin Strange, Bradley C. Parks, Michael J. Tierney, Andreas Fuchs, Axel Dreher, and Vijaya Ramachandran. 2013. China’s Development Finance to Africa: A Media-Based Approach to Data Collection. CGD Working Paper 323. Washington DC: Center for Global Development

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Bibliography

References

Cape Verde–China relations,

China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

Cape Verde , national_anthem = () , official_languages = Portuguese , national_languages = Cape Verdean Creole , capital = Praia , coordinates = , largest_city = capital , demonym ...

Africa–China relations {{Bilateralrelations-stub