China cuts tariffs on African goods but is it enough to close the trade gap?
African eels, frozen meat and rare earths now have one thing in common – at least in China. The commodities are among a wide variety of products that can enter the country tariff-free as part of a policy to help redress the continent’s massive trade imbalance with China. The zero-tariff policy has a
Image: SCMP Business
African eels, frozen meat and rare earths now have one thing in common – at least in China.
The commodities are among a wide variety of products that can enter the country tariff-free as part of a policy to help redress the continent’s massive trade imbalance with China.
The zero-tariff policy has applied to 33 “least-developed” African countries since 2024 and, from May 1, has been expanded to include 20 “middle-income” African nations.
The schedule will remain in effect for two years, covering...
原文
China cuts tariffs on African goods but is it enough to close the trade gap?
发布者 SCMP Business