China’s exports to Africa up by 25% as Trump’s tariffs bite hard

Source: China – South China Morning PostBeijing has diversified its export routes amid the tariff war with the US, with high-value shipments to Africa growing by 25 per cent in the first eight months of this year.
According to China’s General Administration of Customs, exports to Africa totalled US$140.8 billion (1 trillion yuan) and grew between two and four times as fast as those to other major regions, such as Europe, Asia and Latin America.
Meanwhile, shipments to the US fell by 15.5 per cent in the period, as Beijing moved to…Read More

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