Expanding trade flows between China and Africa
One of the important production base of China, the most populous Guangdong Province increasedits exports to Africa by more than 23 percent, while doubled its imports in the first two months of this year, on a year on year basis – the China Daily English-language newspaper wrote on Friday, referring to local customs datas.
The export reached 2.3 billion USD, while imports exceeded 5.1 billion USD. The southern Chinese province's biggest trading partner is South Africa, Nigeria and Egypt. 70 percent of the total trade flows was conducted with South Africa.
The main exported products are machinery products, electronic goods, clothing, footwear, textiles and furniture. The main imported products are diamonds, crude oil, coal, timber, and agricultural products. (MTI, Trebitsch Péter)
Related news
Related news
Gergely Gulyás: margin freeze extended until November 30
The margin freeze will be extended until November 30, the…
Read more >The tightening of the mall ban affects a narrower circle, but it can still put a burden on retailers
According to a recent analysis by international law firm Taylor…
Read more >World instant noodle soup consumption sets new record – Hungary stable in TOP50
The world’s instant noodle soup consumption has reached a new…
Read more >