Saturday, August 21, 2021

Is China Biggest Winner in Africa's New Free Trade Bloc?

 Foreign Policy posted on 19 August 2021 a commentary titled "China Is Biggest Winner from Africa's New Free Trade Bloc" by Oluwatosin Adeshokan, freelance writer in Nigeria.  

The author argues that China is the biggest winner in the new African Continental Free Trade Area (AfCFTA).  China is increasingly using its trade, financing, and investment deals to favor China.  Africa's trade deficit with China is growing.