Thursday, August 20, 2015
Two recent articles have looked at the impact on Africa of China's economic slowdown and devaluation of its currency. The East African published on 17 August 2015 an article titled "China's in Trouble; Is that Good or Bad for Africa?" by Charles Onyango-Obbo. The Mail & Guardian Africa published on 13 August 2015 an article titled "China, the Continent's Biggest Trade Partner, Has Freed Its Currency. Which African Nations Have the Most to Fear?" by Lee Mwiti. Both articles concluded that African countries need to trade more among themselves than rely on trade with countries outside Africa.