Two-way China-Africa trade dropped by almost 20% to just $82 billion in the first half of the year due to lockdowns brought on by the COVID-19 outbreak. With China’s economy recovering well, it’s possible that some of those losses will be made up in Q3 and Q4. Nonetheless, it’s safe to say that trade will likely close the year lower compared to the same time last year and remain flat in 2021.
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