Africa's trade deficit shrinks as exports to China surge

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2024-07-20 18:36:09 - Translate -

Africa's trade deficit shrinks as exports to China surge - but experts say it won't last

China's imports from Africa rose by 14 per cent year on year to reach US$60.15 billion in the first half of 2024, according to the latest Chinese customs data. During the same period, however, Chinese exports to the continent fell marginally by 2.3 per cent to US$84.85 billion, figures from the General Administration of Customs showed. Over the six months, total China-Africa trade...

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