Friday, August 15, 2025

 


Chinese Free Trade With Africa

                                                         China is infiltrating most developing countries through infrastructure loans or free trade agreements. Its move is sometimes for political influence or for trade advantage.  However, China's success is very amazing in 54 African countries that are poor or have political instabilities, but have vast natural resources. In the year 2024, the total trade of China with African countries reached $296 billion. This shows the success of Chinese free trade policies instead of tarrif war of America.



                                                     China has opened a Chinese mall for Clothes, Towels, Containers, air fryers, etc., in Kenya so that people do not have to go to different shops to purchase the required things.  Even the price is also low and reasonable in Comparison. China has already made an announcement that it will grant duty-free entry of all African products, except for a few African Countries. What is the attraction for China in Africa? China has eyes on African mineral resources. Angola is oil-rich, while Congo is mineral-rich. Besides that, South Africa is a hub of rich mineral resources. In return, Africa is exporting a small amount of manufactured goods,  Agriculured products, and Wines. African countries also encourage China to establish industrial zones for producing goods that can be re-exported to China. It will be advantageous for African countries due to the free trade policies of China. This shows that a zero tariff policy is the best political decision in favor of China, in contrast to the American heavy tariff policy.



                                             In short, the zero-tariff policy of China with African countries has made China popular in trade with African countries. 

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