A high-level delegation from South Africa is currently in Beijing, seeking to increase bilateral trade and secure more Chinese investments before U.S. tariffs of 30 percent on South African exports take effect in August.
South African Deputy President Paul Mashatile, speaking at a forum on the sidelines of the China International Supply Chain Expo (CISE) last week, noted that his country’s annual trade deficit with China has grown from less than $1 billion to over $9.7 billion since the turn of the millennium.
“We need to address challenges such as access to the Chinese market due to factors like tariff and non-tariff barriers, distance and…
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