China scraps tariffs and steps up the charm offensive in Africa 06.09.2022

Deutsche Welle | Sep 6, 2022 at 2:00 AM
  • China has removed tariffs on 98% of taxable items originating from nine of Africa’s least-developed nations.
  • In 2020, food and agriculture sales to China from African countries reached $161 billion, making up 2.6% of China’s total imports.
  • With a growing population to feed and a plan to focus on high-tech industries — as well as finding new markets for its products — China has a genuine interest in Africa’s development.