Africa’s leading economy recently signed a framework agreement with China for a new trade deal, which is expected to be finalised by the end of March.
  • Hotznplotzn@lemmy.sdf.orgBanned from communityEnglish
    1·
    30 days ago

    Yeah, South Africa’s exports to China in 2025 stood at USD 13.6 billion, up 9.6% year-on-year.

    South Africa’s imports from China in 2025 grew to USD 24.9 billion, up 14.6%.

    South Africa’s trade deficit with China has been growing in recent years.

    South Africa is also supporting Beijing’s one-China policy and says Taiwan is part of China. Economic and political coercion works it seems.