The 5th BRICS summit will take place in Durban, South Africa, 25-27 March 2013. Standard Bank of South Africa, which is now owned 20 percent by China, has a strong research unit that produces good analysis on a variety of African economic issues. On 12 February 2013, for example, it released one called "BRICS Trade is Flourishing, And Africa Remains a Pivot."
You can access this and other Standard Bank research reports free of charge by registering here.
Showing posts with label Standard Bank of South Africa. Show all posts
Showing posts with label Standard Bank of South Africa. Show all posts
Saturday, February 16, 2013
Saturday, December 15, 2012
China-Africa Trade May Reach $200 Billion in 2012
Standard Bank of South Africa announced on 3 December 2012 that total China-Africa trade may reach $200 billion in 2012, up from $166 billion in 2011. China now accounts for 20 percent of Africa's trade and Africa is China's fastest-growing export destination.
China also increased imports from Africa in 2012; most of the increase was oil from Angola. China's imports of African iron ore were flat while imports of copper, steel and aluminum fell sharply.
Click here to read the brief analysis by Standard Bank.
China also increased imports from Africa in 2012; most of the increase was oil from Angola. China's imports of African iron ore were flat while imports of copper, steel and aluminum fell sharply.
Click here to read the brief analysis by Standard Bank.
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