China-Africa trade leaps in first quarter on post-pandemic rebound

Source: South China Morning PostTrade between China and Africa rose by 26.9 per cent in the first quarter of this year compared with 2020, helped by the recovery of economies after the devastating coronavirus pandemic.Two-way China-Africa trade totalled US$52.1 billion in the first three months of the year as most economies eased trade and travel restrictions that had been imposed to curb the spread of the virus.The latest Chinese customs data showed that China exported goods worth US$29.8 billion to Africa in the quarter, up…Read More

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