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China Africa Trade

China-Africa-TradeFollowing its accession into the World Trade Organization in 2001, China’s trade with Africa has grown thirty-fold, reaching US$300 billion in 2015. China is now South Africa’s foremost business and trading partner and bilateral trade between the two countries surpassed R262 billion in 2014.

China has tremendous potential as both a supplier of products and as a consumer of goods and services. To benefit from China’s remarkable rise and out-perform competitors, South African companies and business people must come up with ways to improve the way that they do business in China.

Direct engagement with China’s manufacturers, trading companies, financial institutions and other enterprises is likely to prove tremendously fruitful for South African companies and business people.