China’s trade with African countries grew by 11.1% to $282 billion last year boosted by a rise in commodity prices and increased importation from the continent, according to data released by the General Administration of Customs of China. [China-Africa trade soars on spike in commodity prices - asia.nikkei.com]
Chinese exports to Africa topped $164.5 billion while imports from the continent reached $117.51 billion. Last December, China started a new duty-free policy to boost African imports with nearly 9,000 commodities and goods. China has pledged to import up to $300 billion in African goods by 2025.
