China-Africa trade hits new high in first half of 2026
China announced that its trade with Africa reached a record level in the first half of 2026, with bilateral trade amounting to 1.41 trillion yuan (196.6 billion dollars). China attributed this growth to its policies of eliminating customs duties on all African countries with which it maintains diplomatic relations, which helped accelerate trade growth and expand the market for high-quality African products. China reaffirmed its commitment to enhancing economic cooperation with Africa despite global challenges, focusing on supporting manufacturing and agricultural modernization on the continent, and addressing criticisms regarding trade imbalances by citing shared interests and bilateral understandings.
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