False Claims of China's unbalanced trade with Africa Debunked


I have never understood Trumpconomics of if going in trade deficits is bad. In world’s economics of materials sourcing and manufacturing, the world has become a village where raw materials are got from one region processed in another, assembled in another and maybe finished in another. All this you will find that the mother investing company is not even in any of those areas. And that’s why free trade had propelled world’s economy to unprecedented levels never seen in history…

What country is called Africa?

Just because China imports billions worth of minerals from South Africa, and tens of billions worth of oil from Angola, does not mean it doesn’t have a surplus vs the rest 50+ countries.

Last I checked Africa is 54 nations, not 3 that it has a surplus with.
In this region it is all deficits.