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:

South Africa:   Crime Statistics Show Rise in Murders (news)
South African Press Association
19 September 2014

The Institute for Security Studies on Friday said it was concerned that murder had increased for two consecutive years for the first time in democracy. [read more]

South Africa:   SA, Nigeria Cooperate in Building Collapse Tragedy (news)
SAnews.gov.za
19 September 2014

Minister in The Presidency and chair of the Inter-Ministerial Task Team on the Nigeria tragedy, Jeff Radebe, says authorities in Nigeria and South Africa remain committed to identifying the deceased ... [read more]

Afrique du Sud:   André Brink - «Le romancier est toujours déçu par le réel» (interview)
Radio France Internationale
19 September 2014

Conteur hors pair des espérances et des turbulences de sa société, le Sud-Africain André Brink revient dans son nouveau roman Philida (Actes Sud) sur le passé de son ... [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!