China will negotiate and sign a new economic pact with 53 African nations!

China has announced plans – China will negotiate and sign a new economic pact with 53 African nations, eliminating all tariffs on goods imported from those countries. 

This move, aimed at boosting trade and strengthening economic ties, extends duty-free market access beyond least developed countries to include middle-income nations in Africa. 

The agreement is expected to significantly impact trade between China and Africa, potentially leading to increased exports from Africa and a more balanced trade relationship.