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China: Beijing's exports to Africa increase by 50% this year

Beijing's foreign trade has been growing at an increasingly faster pace monthly this year, especially in the export volumes to major emerging markets. The total export to Africa this year has reached $1.4 billion, which is 48% higher than the same period last year and contributes 40% of the overall growth rate. The exports to Africa account for 2.6% more of total exports compared to the figure from last year. In the meantime, exports to Oceania have increased by 15% over the same period last year.

Source: people.com.cn


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