Here comes China with offers of free trade

[CaughtInThe]

 

[noonereal]

China ready to drop all tariffs on African imports​

PRC are offering to drop all tariffs on African imports. Africa is already heavily tilting pro Beijing. This is the nail in the coffin for Western influence on the Continent.

Trump has been China's best economic friend doing things China though unthinkable like dropping out of TPP 8 years ago.
We have given away the world to China.

Still the Hats march behind King Orange.

 

[L88]

China ready to drop all tariffs on African imports​

PRC are offering to drop all tariffs on African imports. Africa is already heavily tilting pro Beijing. This is the nail in the coffin for Western influence on the Continent.

Another link in debt diplomacy.

 

[Lord Tammerlain]

This is an act of desperation. China is just trying to somehow get their investment back for loaning billion into Africa and having little to show for it. The real question is: What does Africa have that they can export to China?

Minerals, specialty agricultural products.

Chinese companies have set up clothing manufacturing in Kenya, Ethiopia, for export and domestic consumption.

China invested in Africa for a variety of reasons, efficient trade, development of new markets, a richer Africa can but Chinese products, making them less reliant on the US consumer. Africa has a young growing population, with poor infrastructure, China can do infrastructure has the money to invest, rather than keep its USD in us government bonds, it can and has used that money to build ports, roads, railways in Africa which makes trade more efficient.

A richer Africa makes a great partner for China.