China-Africa trade rises nearly one-fifth

New Straits Times - - Business -

BEI­JING: China’s trade with African coun­tries rose nearly one-fifth in the first quar­ter from a year ear­lier, while its direct in­vest­ment in the con­ti­nent soared 64 per cent, said Chi­nese com­merce min­istry yes­ter­day. Trade co­op­er­a­tion be­tween China and Africa was “off to a fly­ing start” this year, thanks to pol­icy ben­e­fits from a co­op­er­a­tive frame­work laid down by the Chi­nese and African lead­ers in South Africa in 2015, said spokesman Sun Ji­wen. Agen­cies

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