China suspended tariff concessions on 128 items of U.S. products including pork and fruits, starting early this week. China says it was a counter measure to a previous U.S. move to slap tariffs on their steel and aluminum imports. But what impact will this trade war between these economic giants have on the continent?
The Communist Party-state economy is now Africa’s biggest trading partner and rivals the US and other world powers. Chinese investment, extraction of resources and trade jumped tenfold in the first decade of this century.
The Communist Party-state economy is now Africa’s biggest trading partner and rivals the US and other world powers. Chinese investment, extraction of resources and trade jumped tenfold in the first decade of this century.
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