✉news BusinessEconomy first seen 5 h ago, last 1 h ago, peak #11
China-South Africa trade hits $15 billion amid US tensions
Original: World’s second-largest economy boosts trade with Africa’s largest economy to $15 billion as South Africa grows wary of U.S. ties despite 125,000 jobs at stake
China and South Africa have expanded bilateral trade to $15 billion, deepening ties between the world's second-largest economy and Africa's largest. The strengthening relationship comes as South Africa grows increasingly cautious about its alignment with the United States, even though an estimated 125,000 jobs depend on American-linked trade, raising concerns over the economic risks of shifting alliances.
Why now: South Africa is reassessing its trade alignments between China and the US amid job-loss concerns.
ChinaSouth AfricaUnited States
Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 1 h ago.
Evidence
- World’s second-largest economy boosts trade with Africa’s largest economy to $15 billion as South Africa grows wary of U.S. ties despite 125,000 jobs at stake · Business Insider Africa
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