China ramped up its exports to Africa last year, widening its trade surplus with the continent by 64.5 per cent to a record US$102 billion, according to Chinese customs figures.
The jump in the trade gap – up from US$62 billion the previous year – was driven by a 25.8 per cent surge in Chinese exports to the continent to US$225 billion, far outpacing the 5.4 per cent growth in African shipments to China to US$123 billion, according to the latest data from China’s General Administration of…
Comments