China/African trade up $74 billion

The value of trade between China and Africa had increased by 24% to $74 billion between 1995 and 2007 according to figures released by the Trade Law Centre of Southern Africa (Tralac). A researcher at Tralac, Taku Fundira, says Chinese imports from Africa increased by 27% over the review period while Chinese exports to Africa increased slower at 23%. "This resulted in a small trade deficit of $1.1 billion for China with Africa in 2007.