China’s Ministry of Commerce (MOFCOM) released some updated figures last week on trade with Africa that tell a much more positive story than many would have assumed, given the sizable economic disruptions brought on by the COVID-19 outbreak.
Total two-way trade between the two regions for the 11 months of 2020 totaled $168 billion, according to spokesperson Gao Feng. That puts China-Africa trade for the full year at somewhere around $182 billion when December’s figures are factored in.
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