May 21, 2016

Africa: China’s Growing Trade

   May 21, 2016

Africa: China’s Growing Trade

China-Africa_top_trading_partners_2013_trade_with_China_(billion)_TMMChart.png

Trader’s remarks:¬†Since 2007, Sino-South African relations have become increasingly close with increasing trade, policy and political ties. In 2015, South Africa was upgraded to the diplomatic status of Strategic Comprehensive Partner by the Chinese government. In 2013, China recorded nearly R2.2 trillion in trade flows in Africa, making it clear that they want to become the most influential foreign power in Africa. China clearly regards South Africa as a key partner in advancing its relations with the African nations.

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