July 22, 2012

China's Goods Burden Africa's Producers

Xan Rice, Financial Times

AP Photo

Chinese exports to Africa jumped 22 percent last year to hit $73 billion, more than double the gross domestic product of Kenya or Ethiopia. Chinese officials pledged to do more to encourage exports of African goods, including expanding the range of products that qualify for zero tariffs. “We should work harder to . . . improve the trade mix and upgrade trade,” Chinese President Hu Jintao said Thursday at the forum.

However, African manufacturers insist not enough is being done.

Read Full Article ››

TAGGED: South Africa, China, Africa, Kenya, Nigeria

RECOMMENDED ARTICLES

July 22, 2012
U.S. Drug War Expands to Africa
Savage & Shanker, New York Times
In a significant expansion of the war on drugs, the United States has begun training an elite unit of counternarcotics police in Ghana and planning similar units in Nigeria and Kenya as part of an effort to combat the Latin... more ››
July 22, 2012
Mandela's Mortality Is South Africa's Fear
Douglas Foster, Los Angeles Times
The country's first post-apartheid president is 94, and his countrymen can't imagine life without him. more ››
July 15, 2012
BRIC's (Not So) Spectacular Rise
Conrad Black, National Post
For years, we heard of the rise of the "BRIC" nations - Brazil, Russia, India, and China - countries anointed as battering rams to the future, inexorably surging forward, into and through the ranks of the tired incumbent... more ››
July 22, 2012
Where Have All the World Leaders Gone?
Rex Murphy, National Post
Today, as the world spins nearer and nearer to possible conflict (the tensions of the Middle East increasingly ripen toward open conflict), where are the larger-than-life figures offering guidance? Where are the men and women... more ››