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China’s trade with Africa could return to pre-pandemic levels as economies heal from its devastating impact if recent momentum is maintained.
In the first eight months of the year, total two-way trade between China and African countries grew by 40 per cent year on year to US$162.7 billion, according to Chinese customs data.
In 2020, the figure for 12 months dropped 11 per cent year on year to US$187 billion, after growing 2 per cent to US$208.7 billion in 2019, before the coronavirus emerged.