Africa’s China Trade Test

China’s tariff-free access opens a vast market for Africa, but governments face pressure to move beyond raw commodities and build higher-value industries, reports Africa Daily News Desk China’s decision to remove tariffs on imports from 53 African countries is opening a major new market for the continent, but African governments face a bigger challenge in turning increased access into industrial growth and higher-value exports. The zero-tariff policy, which took effect on May 1, covers 100 per cent of tariff lines for African countries that maintain diplomatic relations with Beijing. The measure has been presented as an opportunity to expand African … Continue reading Africa’s China Trade Test