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China’s Trade with Africa Reached a Record High at $139.1 Bill | Business Info ETH

China’s Trade with Africa Reached a Record High at $139.1 Billion

Trade between the two regions has increased by 40.5% year-on-year in the first 7 months of 2021, and was valued at a record high of $139.1 billion.

Africa’s most important suppliers of manufactured goods were listed as Europe (35 %), China (16 %) and the rest of Asia, including India (14%).

Imports from Africa into China increased by 46.3 % between January and July 2021.

(Business Post)

@Businessinfoeth