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Africa favours China as US relationship deteriorates due to disturbing pattern that ‘inflicts harm but expects loyalty’, analysts say.
Total trade between China and Africa was worth $296bn in 2024. Yet the value of what China exported west ($179bn) was much higher than what Africa sent east ($117bn). This year, partly as a result of ...
Chinese customs will implement zero-tariff treatment for 53 African countries with diplomatic ties to China in a bid to use ...
South Africa vows to expand its trade portfolio to create more balance and tackle a growing trade deficit which heavily ...
South African central bank chief Lesetja Kganyago flagged that dollar depreciation because of US tariffs and deflation in ...
As Western markets turn hostile towards Chinese electric vehicles, BYD – the world’s largest EV maker – is investing heavily ...
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China to remove tariffs on goods from all African countries - MSNZero-tariff treatment was only available to 33 African countries previously. China is now the continent’s largest trading partner, with total trade reaching nearly US$300 billion in 2024.
Experts said the proposed additional tariffs are sending ripples through Africa's trade and policy circles, raising concerns ...
President Donald Trump has threatened 10% tariffs on BRICS members—Brazil, Russia, India, China, and South Africa—for ...
NAIROBI (Reuters) -China will negotiate and sign a new economic pact with Africa that will get rid of all tariffs on the 53 African states it has diplomatic ties with, it said, a move that could ...
South Africa urged G20 countries to show global and cooperative leadership to tackle challenges including rising trade ...
U.S. President Donald Trump threatened to add an additional 10 percent tariff to any country aligned with BRICS (Brazil, Russia, India, China, and South Africa) and then later threatened 25 percent ...
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