China Daily Global Edition (USA)
S.African lender hails recovery
Standard Bank, South Africa’s largest bank by assets, said the holding of the China International Import Expo is a strong signal that China’s economic recovery is underway after the negative effects on the global economy of the COVID-19 pandemic. Philip Myburgh, head of Africa-China banking at Standard Bank, said the expo further reaffirms China’s position on open trade, which benefits the African continent.