China-Africa Trade May Reach $200 Billion in 2012

From The Official Blog of Amb. David H. Shinn Sat Dec 15 2012, 17:51:00

Standard Bank of South Africa announced on 3 December 2012 that total China-Africa trade may reach $200 billion in 2012, up from $166 billion in 2011. China now accounts for 20 percent of Africa's trade and Africa is China's fastest-growing export destination.

China also increased imports from Africa in 2012; most of the increase was oil from Angola. China's imports of African iron ore were flat while imports of copper, steel and aluminum fell sharply.

Click here to read the brief analysis by Standard Bank.

[view whole blog post ]
 See More    |     Report Abuse


You might also be interested in the following news stories:

Afrique:   CAN 2015 - La Guinée Equatoriale qualifiée pour les demies ! (news)
Africa Top Sports
31 January 2015

La Guinée Equatoriale revient de très loin ! Quel match ! C'est tout un pays qui jubile ! Le stade s'est enflammé. Incroyablement, le Nzalang s'est qualifié in extremis ... [read more]

Afrique:   Menée 2-0, la RD Congo assomme le Congo d'en face 4 à 2 (news)
Confederation of African Football
31 January 2015

Ebouriffants Léopards. Menés 2-0 par les Diables Rouges du Congo, deux buts encaissés en sept minutes, ils ont connu une dernière demi-heure décoiffante pour ... [read more]

Africa:   NGO Urges Nigeria to Act on Illicit Flows (news)
Premium Times
31 January 2015

Ahead of the presentation of the final report of the Thabo Mbeki Panel on illicit financial flows at the ongoing summit of African Union, AU, ActionAid Nigeria has called on the Nigerian government to ... [read more]



blogAfrica is allAfrica.com's platform to help you keep an ear on the African blogosphere. We draw diverse voices from around the world who post regularly and insightfully about African issues. Bloggers, submit your blog's rss-feed!