Source: China – South China Morning PostChina is reaching out to Africa’s top coffee-producing nations as part of a broader strategy to secure new supply chains overseas.
Observers say the shift – which coincides with Brazil seeking new buyers in China because of a new 50 per cent US tariff on Brazilian coffee – is driven by China’s strong domestic demand.
The scale of this push is clear: last week, Beijing authorised 183 new Brazilian coffee companies to export to China. This is in addition to a US$2.5 billion deal signed in November…Read More