China Set To Cash In on African Free Trade Agreement

China Briefing posted on 27 May 2019 a commentary titled "China Set to Cash in on New African Free Trade Agreement" by Chris Devonshire-Ellis.

China has been pushing low-end manufacturing out of China and into lower-cost southeast Asian markets such as Vietnam, the Philippines, and Indonesia. As these markets become higher cost and/or saturated, the author argues that this manufacturing capacity will increasingly move to Africa. Implementation of the African Continental Free Trade Agreement will contribute positively to this process.