
China-Africa Trade Update with Walter Ruigu
adilessa
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Two-way China-Africa trade fell sharply in the first half of the year to $82 billion, down 20% from the same time last year. Trade between the two regions has been severely disrupted by the COVID-19 pandemic and the ongoing lockdowns. But now that the Chinese economy is getting back up to speed and a growing number of African countries are re-opening their markets, trade volumes in the second half of the year are widely expected to improve. But it's not going to be easy warns Walter Ruigu, managing director of CAMAL Group, a Beijing-based shipping and logistics company that does a lot of import/export between China and Africa. Walter joins Eric & Cobus to talk about what he's hearing from his clients about what they want to ship and to where.
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China-Africa Trade Update with Walter Ruigu
adilessa