Sunday, August 4, 2013

Chinese and Indians actively competing for Africa trade

India and China are actively competing for business on the increasingly important African continent.

The demand for resources to fuel their rapidly growing economies is playing out visibly in Africa. The Chinese presence now very visible - at building sites, on the street, and at ports and airports. However, China has dwarfed India in terms of the volume of trade - in 2012 Sino-Africa trade hit the US$200 billion as compared to Indo-Africa trade which totalled $US64 billion.

Chinese

More details here...

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