ASEAN rises to be China's 2nd biggest trading partner
4 years, 11 months ago

ASEAN rises to be China's 2nd biggest trading partner

China Daily  

Visitors pass the Cambodia booth during the 16th China-ASEAN Expo in September in Nanning, the Guangxi Zhuang autonomous region. BEIJING -- The Association of Southeast Asian Nations has overtaken the United States to become China's second largest trading partner in 2019, official data showed Tuesday. China's trade volume with ASEAN climbed 14.1 percent to 4.43 trillion yuan last year, data from the General Administration of Customs showed. The European Union remained China's biggest trading partner with an 8-percent year-on-year growth to 4.86 trillion yuan in bilateral trade, while the United States ranked third with a 10.7-percent fall over 2018 to 3.73 trillion yuan, GAC data showed. Trade between China and its fourth largest trading partner Japan edged up 0.4 percent to 2.17 trillion yuan.

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History of this topic

Sino-Malaysian ties thrive on trust, growth
1 week, 4 days ago

Sino-Malaysian ties thrive on trust, growth

China Daily  

By YANG HAN in Hong Kong | China Daily | Updated: 2024-12-30 09:54 Michael Yeoh speaks at the Global Chinese Economic and Technology Summit in Shenzhen, Guangdong province, on Nov 6, 2023. PHOTO PROVIDED TO CHINA DAILY Over the years, the two countries have not only fostered collaboration but also established a framework for candid discussions between leaders, enabling open …

Opening-up to spur foreign trade growth
3 weeks, 4 days ago

Opening-up to spur foreign trade growth

China Daily  

A container ship leaves Qingdao Port, Shandong province. China will continue to advance institutionalized opening-up, broaden market access for global businesses and advocate free trade agreements, fueling its economic growth and bolstering multilateralism in 2025, market observers and business executives said on Sunday. Noting that China gave the green light earlier this year for the establishment of wholly foreign-owned hospitals …

Opening-up to spur foreign trade growth
3 weeks, 4 days ago

Opening-up to spur foreign trade growth

China Daily  

China will continue to advance institutionalized opening-up, broaden market access for global businesses and advocate free trade agreements, fueling its economic growth and bolstering multilateralism in 2025, market observers and business executives said on Sunday. Noting that China gave the green light earlier this year for the establishment of wholly foreign-owned hospitals in selected cities, including Beijing and Shanghai, Liu …

Tailwinds favoring foreign trade enterprises
Trending News
3 weeks, 4 days ago

Tailwinds favoring foreign trade enterprises

China Daily  

Automated vehicles deliver cargo at Qingdao Port's fully automated terminal in Shandong province on Dec 3. ZHANG JINGANG/FOR CHINA DAILY China will ramp up financial support, cultivate new growth engines, and strengthen services for foreign trade enterprises in order to unlock momentum and foster resilience in the country's foreign trade sector — a critical pillar underpinning overall economic growth, officials …

Mexico, Canada, ASEAN gained more from US-China trade war than India: GTRI
3 weeks, 5 days ago

Mexico, Canada, ASEAN gained more from US-China trade war than India: GTRI

Live Mint  

New Delhi, Dec 15 Mexico, Canada, and 10-nation Southeast Asian bloc ASEAN benefited more from the US-China trade war than India, economic think tank GTRI said in a report. "Key beneficiaries of the trade war included Mexico, Canada, and ASEAN nations, which collectively accounted for 57 per cent of the growth in US imports. India also emerged as a significant …

China's foreign trade up 4.9% in first 11 months
1 month ago

China's foreign trade up 4.9% in first 11 months

China Daily  

By Zhong Nan | chinadaily.com.cn | Updated: 2024-12-10 11:12 China's foreign trade expanded by 4.9 percent year-on-year to 39.79 trillion yuan in the January-November period of 2024, statistics from the General Administration of Customs showed on Tuesday. The country's exports rose 6.7 percent yearly to 23.04 trillion yuan, while its imports climbed 2.4 percent year-on-year to 16.75 trillion yuan during …

China's foreign trade up 4.9% in first 11 months
1 month ago

China's foreign trade up 4.9% in first 11 months

China Daily  

China's foreign trade expanded by 4.9 percent year-on-year to 39.79 trillion yuan in the January-November period of 2024, statistics from the General Administration of Customs showed on Tuesday. The country's exports rose 6.7 percent yearly to 23.04 trillion yuan, while its imports climbed 2.4 percent year-on-year to 16.75 trillion yuan during this period, customs data showed. The import and export …

Guangxi eyes becoming a Digital Silk Road hub for ASEAN cooperation
1 month ago

Guangxi eyes becoming a Digital Silk Road hub for ASEAN cooperation

China Daily  

South China's Guangxi Zhuang autonomous region will promote the construction of the China-ASEAN information port while positioning itself as a key hub on the Digital Silk Road and bolstering cooperation with ASEAN countries to fuel the high-quality growth of the digital economy, officials said on Friday. These sectors now contribute 11.79 percent to the region's GDP growth, according to Zhao …

Guangxi eyes becoming a Digital Silk Road hub for ASEAN cooperation
1 month ago

Guangxi eyes becoming a Digital Silk Road hub for ASEAN cooperation

China Daily  

South China's Guangxi Zhuang autonomous region will promote the construction of the China-ASEAN information port while positioning itself as a key hub on the Digital Silk Road and bolstering cooperation with ASEAN countries to fuel the high-quality growth of the digital economy, officials said on Friday. These sectors now contribute 11.79 percent to the region's GDP growth, according to Zhao …

Trade cooperation to boost East Asian economy
1 month, 1 week ago

Trade cooperation to boost East Asian economy

China Daily  

WANG XIAOYING/CHINA DAILY The geopolitical and geo-economic landscapes will likely undergo profound changes after Donald Trump is sworn in as the United States president in January. Need to make new breakthroughs Trade and economic cooperation among China, Japan and the ROK has reached a critical juncture, from where they can "fall behind if not advancing". Since the next three to …

Economic momentum of China hailed 'beneficial'
1 month, 2 weeks ago

Economic momentum of China hailed 'beneficial'

China Daily  

By ZHAO JIA | China Daily | Updated: 2024-11-23 07:08 China's remarkable economic momentum offers ASEAN member states an extraordinary chance to achieve shared progress, said a senior Malaysian official, calling on regional nations to deepen connections with Beijing to jointly build a peaceful and prosperous Asia. Simply put, we are stronger when we stand together," Azalina Othman Said, minister …

China's trade with other APEC economies hits record high in Jan-Oct
1 month, 3 weeks ago

China's trade with other APEC economies hits record high in Jan-Oct

China Daily  

BEIJING - China's trade with other APEC economies reached a record high of 21.27 trillion yuan in the first 10 months of 2024, data from the General Administration of Customs showed on Wednesday. The figure marked a 5.7 percent increase from a year earlier, outpacing the country's total trade growth by 0.5 percentage points during the period, according to the …

China's trade with other APEC economies hits record high in Jan-Oct
1 month, 3 weeks ago

China's trade with other APEC economies hits record high in Jan-Oct

China Daily  

BEIJING - China's trade with other APEC economies reached a record high of 21.27 trillion yuan in the first 10 months of 2024, data from the General Administration of Customs showed on Wednesday. The figure marked a 5.7 percent increase from a year earlier, outpacing the country's total trade growth by 0.5 percentage points during the period, according to the …

China-Vietnam dialogue held in Chongqing on boosting business, trade ties
2 months ago

China-Vietnam dialogue held in Chongqing on boosting business, trade ties

China Daily  

A dialogue on cooperation in China-Vietnam business, trade and logistics is held in Chongqing's Nan'an district on Friday. As of Oct 30, the China-Vietnam freight trains passing through Chongqing have operated in both directions a total of 132 trips, carrying a combined total of 4,224 standard containers with a cargo value of 1.01 billion yuan. In the first three quarters …

Foreign trade poised for steady growth amid headwinds
Top News
2 months ago

Foreign trade poised for steady growth amid headwinds

China Daily  

China's foreign trade in goods 2024. CHINA DAILY China's foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers said on Thursday. China's foreign trade increased 5.2 percent year-on-year to 36.02 trillion yuan in …

Foreign trade poised for steady growth amid headwinds
2 months ago

Foreign trade poised for steady growth amid headwinds

China Daily  

China's foreign trade in goods 2024. CHINA DAILY China's foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers said on Thursday. China's foreign trade increased 5.2 percent year-on-year to 36.02 trillion yuan in …

China-Vietnam dialogue held in Chongqing on boosting business, trade ties
2 months ago

China-Vietnam dialogue held in Chongqing on boosting business, trade ties

China Daily  

A dialogue on cooperation in China-Vietnam business, trade and logistics is held in Chongqing's Nan'an district on Friday. As of Oct 30, the China-Vietnam freight trains passing through Chongqing have operated in both directions a total of 132 trips, carrying a combined total of 4,224 standard containers with a cargo value of 1.01 billion yuan. In the first three quarters …

Foreign trade poised for steady growth amid headwinds
2 months ago

Foreign trade poised for steady growth amid headwinds

China Daily  

By Zhong Nan and Ouyang Shijia in Shanghai | China Daily | Updated: 2024-11-08 07:09 China's foreign trade in goods 2024. CHINA DAILY China's foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers …

China's foreign trade up 5.2% in Jan-Oct period
2 months ago

China's foreign trade up 5.2% in Jan-Oct period

China Daily  

China's foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year to 15.22 trillion yuan during this period, customs data showed. The import and export value of China's private …

China’s exports grew 12.7% in October, fastest pace in more than 2 years
2 months ago

China’s exports grew 12.7% in October, fastest pace in more than 2 years

Associated Press  

HONG KONG — China’s exports rose 12.7% in October from a year earlier, the fastest monthly growth in more than two years, according to customs data released Thursday. It showed imports fell 2.3% in October from a year earlier, while China’s trade surplus rose to $95.7 billion in October, up from $81.7 billion in September. China’s exports to Russia rose …

China's foreign trade up 5.2% in Jan-Oct period
Top News
2 months ago

China's foreign trade up 5.2% in Jan-Oct period

China Daily  

China's foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year to 15.22 trillion yuan during this period, customs data showed. The import and export value of China's private …

China's foreign trade up 5.2% in Jan-Oct period
Top News
2 months ago

China's foreign trade up 5.2% in Jan-Oct period

China Daily  

China's foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year to 15.22 trillion yuan during this period, customs data showed. The import and export value of China's private …

China's foreign trade up 5.2% in Jan-Oct period
Top News
2 months ago

China's foreign trade up 5.2% in Jan-Oct period

China Daily  

China's foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year to 15.22 trillion yuan during this period, customs data showed. The import and export value of China's private …

China's foreign trade up 5.2% in Jan-Oct period
2 months ago

China's foreign trade up 5.2% in Jan-Oct period

China Daily  

China's foreign trade up 5.2% in Jan-Oct period By Zhong Nan in Shanghai chinadaily.com.cn Updated: Nov 07, 2024 China's foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year …

Navigating the Complexities of Sino-US Relations: A Path to Stability and Prosperity
2 months ago

Navigating the Complexities of Sino-US Relations: A Path to Stability and Prosperity

China Daily  

The article emphasizes the importance of fostering non-confrontational and manageable competition between China and the US to benefit the world. It argues that a less aggressive and consensual approach aligns with their security and interests. The writer highlights the differences in military capabilities and economic interdependence between the two countries, emphasizing the need for dialogue and compromise to address global …

Rebuilding Sino-US trust crucial for world
2 months ago

Rebuilding Sino-US trust crucial for world

China Daily  

In recent years, rising tensions between China and the US have led to bleak predictions of bilateral relations and potentially dangerous global fragmentation. Before 2001, the year China joined the World Trade Organization, 80 percent of the world's countries traded more with the US than with China. Over the past decade, China has invested more than $1 trillion in infrastructure …

Chinese Toymaker Seeks Global Expansion in Emerging Markets
Top News
2 months, 2 weeks ago

Chinese Toymaker Seeks Global Expansion in Emerging Markets

China Daily  

Emerging markets are driving China's export orders, with the country's foreign trade value with over 160 countries and regions continuing to grow. This growth is driven by several factors, including the diversification of China's export markets, increasing business and consumer demand in emerging regions, and changing global trade dynamics.

Chinese Toymaker Seeks to Boost Exports to Emerging Markets
2 months, 2 weeks ago

Chinese Toymaker Seeks to Boost Exports to Emerging Markets

China Daily  

Emerging markets are driving China's export orders, with the country's foreign trade value with over 160 countries and regions continuing to grow. This growth is driven by several factors, including the diversification of China's export markets, increasing business and consumer demand in emerging regions, and changing global trade dynamics.

Chinese Toymaker Seeks to Expand into Emerging Markets as Exports Soar
2 months, 2 weeks ago

Chinese Toymaker Seeks to Expand into Emerging Markets as Exports Soar

China Daily  

Emerging markets are driving China's export orders, with the country's foreign trade value with over 160 countries and regions continuing to grow. This growth is driven by several factors, including the diversification of China's export markets, increasing business and consumer demand in emerging regions, and changing global trade dynamics.

China's Foreign Trade Soars to Record High in First Three Quarters
2 months, 3 weeks ago

China's Foreign Trade Soars to Record High in First Three Quarters

China Daily  

China's foreign trade grew significantly in the first three quarters of 2024, with both exports and imports increasing. The country's exports surged 6.2 percent year-on-year to 18.62 trillion yuan, while imports rose 4.1 percent year-on-year to 13.71 trillion yuan. The country's foreign trade hit a record high in the first three quarters with each quarter exceeding 10 trillion yuan.

China, Vietnam, and Vietnam: A Shared Future Through Economic Cooperation
2 months, 3 weeks ago

China, Vietnam, and Vietnam: A Shared Future Through Economic Cooperation

China Daily  

China Premier Li Qiang's three-day visit to Vietnam signifies the strengthening of bilateral relations between the two countries. The visit will focus on economic and trade cooperation, with a particular emphasis on clean energy, artificial intelligence, and infrastructure projects. It will also provide a platform for further cultural and people-to-people exchanges. The cooperation projects will aim to prevent external forces …

China's Foreign Trade Soars to Record High in First Three Quarters
2 months, 3 weeks ago

China's Foreign Trade Soars to Record High in First Three Quarters

China Daily  

China's foreign trade grew significantly in the first three quarters of 2024, with both exports and imports increasing. The country's exports reached 18.62 trillion yuan, up 6.2 percent year-on-year, while imports rose to 13.71 trillion yuan, up 4.1 percent. This growth is attributed to China's optimization of its exported products, with exports of high-tech equipment increasing by 40 percent year-on-year …

China's Foreign Trade Soars to Record High in First Three Quarters
2 months, 3 weeks ago

China's Foreign Trade Soars to Record High in First Three Quarters

China Daily  

China's foreign trade grew significantly in the first three quarters of 2024, with both exports and imports increasing. The country's exports surged 6.2 percent year-on-year to 18.62 trillion yuan, while imports rose 4.1 percent year-on-year to 13.71 trillion yuan. The country's foreign trade hit a record high in the first three quarters with each quarter exceeding 10 trillion yuan.

China's exports showing remarkable resilience despite headwinds
2 months, 3 weeks ago

China's exports showing remarkable resilience despite headwinds

China Daily  

Dongguan in South China's Guangdong province is a busy port on the Pearl River. As of August 2024, China's export share to ASEAN reached 16.7 percent, a 4.4 percentage points increase from the end of 2017. ASEAN's share of US imports has been on a steady upward trend since 2012, reaching 15.3 percent as of June 2024, surpassing China's share …

China seeks deeper economic ties with ASEAN at summit talks as South China Sea disputes lurk
3 months ago

China seeks deeper economic ties with ASEAN at summit talks as South China Sea disputes lurk

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

China and ASEAN: A Powerful Partnership for Prosperity and Stability
3 months ago

China and ASEAN: A Powerful Partnership for Prosperity and Stability

China Daily  

China and the ASEAN member states have a strong and flourishing relationship that benefits all parties involved. The two sides have been working together to promote economic growth, improve connectivity, and foster people-to-people exchange. This cooperation has brought tangible benefits to the people on both sides and helped promote broader regional development and integration.

China's trade with ROK increasingly competitive
3 months, 1 week ago

China's trade with ROK increasingly competitive

China Daily  

The industrial business sectors of China and South Korea, once complementary a decade ago, have become increasingly competitive in mid — to high-end manufacturing, a trend that is expected to intensify in the coming years, said market watchers on Friday. As China continues to expand its opening-up and make breakthroughs in areas such as shipbuilding, electric vehicle and foldable smartphone …

China-ASEAN FTA set for key upgrade
3 months, 2 weeks ago

China-ASEAN FTA set for key upgrade

China Daily  

Visitors inquire about products at the China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region, on Tuesday. A "substantial upgrade" of the China-ASEAN Free Trade Area may be announced during an upcoming summit in Laos, said Kao Kim Hourn, secretary-general of the Association of Southeast Asian Nations, on Wednesday. Noting that China and member economies of ASEAN have been working actively …

Quzhou's export growth rate ranks 2nd in Zhejiang
3 months, 2 weeks ago

Quzhou's export growth rate ranks 2nd in Zhejiang

China Daily  

ezhejiang.gov.cn| Updated :2024-09-26 Quzhou's imports and exports had a total value of 50.11 billion yuan from January to August, an increase of 8.9 percent year-on-year, according to Quzhou Customs. Exports amounted to 34.31 billion yuan, growing by 19.0 percent year-on-year, the second highest growth rate in Zhejiang province and 10.6 percentage points higher than the provincial average growth rate. From …

China-ASEAN Expo further drives economic, trade cooperation
3 months, 2 weeks ago

China-ASEAN Expo further drives economic, trade cooperation

China Daily  

A view of the venue for the 20th China-ASEAN Expo in Nanning, South China's Guangxi Zhuang autonomous region. PENG HUAN/FOR CHINA DAILY NANNING - Participants at the 21st China-ASEAN Expo, which kicked off on Tuesday in Nanning, South China's Guangxi Zhuang autonomous region, emphasized the importance of deepening economic and trade cooperation between the two sides. The theme of this …

Hohhot sees record high trade growth in Jan-Aug
3 months, 3 weeks ago

Hohhot sees record high trade growth in Jan-Aug

China Daily  

According to statistics from Saihan customs, Hohhot's import and export trade reached a remarkable 15.05 billion yuan in the first eight months of the year. The import value stood at 7.14 billion yuan, up 35.3 percent, while exports hit 7.91 billion yuan, marking a 27.3 percent rise. Trade with countries involved in the Belt and Road Initiative surged to 9.69 …

Exporters ready for big annual ASEAN fair
3 months, 4 weeks ago

Exporters ready for big annual ASEAN fair

China Daily  

A view of the venue for the 20th China-ASEAN Expo in Nanning, South China's Guangxi Zhuang autonomous region. PENG HUAN/FOR CHINA DAILY Business leaders from China and economies involved in the Association of Southeast Asian Nations are expected to further strengthen cooperation at the upcoming 21st China-ASEAN Expo to be held from Sept 24 to 28 in Nanning, Guangxi Zhuang …

Exporters ready for big annual ASEAN fair
3 months, 4 weeks ago

Exporters ready for big annual ASEAN fair

China Daily  

A view of the venue for the 20th China-ASEAN Expo in Nanning, South China's Guangxi Zhuang autonomous region. PENG HUAN/FOR CHINA DAILY Business leaders from China and economies involved in the Association of Southeast Asian Nations are expected to further strengthen cooperation at the upcoming 21st China-ASEAN Expo to be held from Sept 24 to 28 in Nanning, Guangxi Zhuang …

Country's foreign trade shows strong resilience
3 months, 4 weeks ago

Country's foreign trade shows strong resilience

China Daily  

Container vessels unload cargo at a terminal in Qingdao, Shandong province, in August. China's foreign trade has continued to demonstrate strong resilience, and the nation's enhanced export channels with emerging economies, coupled with ongoing support from its opening-up policies, will drive its economic growth throughout the year despite external challenges, government officials and experts said. According to the General Administration …

Sino-African economic, trade cooperation reaches new heights
4 months, 1 week ago

Sino-African economic, trade cooperation reaches new heights

China Daily  

University students operate equipment at a workshop in Tananarive, capital of Madagascar, April 26, 2024. BEIJING — China-Africa economic and trade cooperation has continued to scale new heights since the 2021 Forum on China-Africa Cooperation, delivering tangible benefits to the people of both China and Africa, said Assistant Minister of Commerce Tang Wenhong. Major benefits During a news conference, Liu …

China-Africa economic, trade cooperation reaches new heights
4 months, 2 weeks ago

China-Africa economic, trade cooperation reaches new heights

China Daily  

Photo taken on May 8, 2022 shows a section of the Nairobi Expressway in Nairobi, Kenya. Growing trade, investment cooperation "China has remained Africa's largest trading partner for 15 consecutive years," Tang said, noting that in 2023, China-Africa trade reached $282.1 billion, up nearly 11 percent compared with 2021, which demonstrates the strong resilience of China-Africa trade. China-aided projects benefit …

Beijing, Hanoi vow to advance traditional ties
4 months, 3 weeks ago

Beijing, Hanoi vow to advance traditional ties

China Daily  

By Cao Desheng | China Daily | Updated: 2024-08-20 07:12 Xi Jinping, general secretary of the Communist Party of China Central Committee and Chinese president, and To Lam, general secretary of the Communist Party of Vietnam Central Committee and Vietnamese president, attend a welcoming ceremony in Beijing on Monday for the Vietnamese leader before their talks at the Great Hall …

Neighbors' adhering to socialist path is right way to build community with a shared future: China Daily editorial
4 months, 3 weeks ago

Neighbors' adhering to socialist path is right way to build community with a shared future: China Daily editorial

China Daily  

This aerial photo taken on Sept 9, 2023 shows a view of the port of the Friendship Pass in Pingxiang, South China's Guangxi Zhuang autonomous region. It is undoubtedly a common expectation of Beijing and Hanoi that the ongoing visit to China of To Lam, general secretary of the Communist Party of Vietnam Central Committee and president of Vietnam, can …

Neighbors' adhering to socialist path is right way to build community with a shared future: China Daily editorial
4 months, 3 weeks ago

Neighbors' adhering to socialist path is right way to build community with a shared future: China Daily editorial

China Daily  

This aerial photo taken on Sept 9, 2023 shows a view of the port of the Friendship Pass in Pingxiang, South China's Guangxi Zhuang autonomous region. It is undoubtedly a common expectation of Beijing and Hanoi that the ongoing visit to China of To Lam, general secretary of the Communist Party of Vietnam Central Committee and president of Vietnam, can …

China-Africa economic, trade relations deepen
4 months, 3 weeks ago

China-Africa economic, trade relations deepen

China Daily  

Photo taken on May 8, 2022 shows a section of the Nairobi Expressway in Nairobi, Kenya. China and African countries have developed closer economic and trade ties with ever-increasing trade volume, diversified commodities and services on both sides, latest data showed. Trade between China and Africa rose 5.5 percent year-on-year to 1.19 trillion yuan between January and July, data from …

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