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For an Africa seeking growth, China is proving a reliable partner (www.scmp.com)

submitted 1 day ago by rss@news.abolish.capital to c/china@news.abolish.capital

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On June 4, at a packing facility in Limuru near Nairobi, Kenya, avocados were being prepared for the Chinese market. The scene may seem mundane, but the politics behind it is significant. China has removed tariffs on imports from 53 African countries. African exporters are beginning to think about Beijing less as a distant buyer than as a market that could reshape their margins. When the UN projected 4 per cent gross domestic product growth for Africa for 2026, the figure landed quietly. No...

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[–] corsicanguppy@lemmy.ca 1 points 1 day ago

Yeah the One Road One Whip loan-sharking looks great when there are no other options and one doesn't look at the small print.