يحاول ذهب - حر
Zero-tariff leap for China-Africa prosperity
March 02, 2026
|Daily News
IN A FORMAL message to the African Union's 39th Summit, President Xi Jinping announced that the zero-tariff policy, which includes 53 African nations with diplomatic ties with China, will take effect on May 1, 2026.
IN A FORMAL message to the African Union's 39th Summit, President Xi Jinping announced that the zero-tariff policy, which includes 53 African nations with diplomatic ties with China, will take effect May 1, 2026.
(PANG XINGLEI Xinhua)
The new policy expands preferential access into the Chinese market initially granted to the least developed countries (LDCs) to include all African countries, providing a concrete, transformative trade framework with fixed implementation timelines.
The zero-tariff access to the second-largest economy and probably the largest market by population opens a window for export-led growth across African economies. The timing of the launch declaration (declaration of 2025) called for the removal of tariffs for African countries.
The zero-tariff policy provides a genuine opportunity that could have a long-term, transformative impact on Africa's growth. It is a major strategic breakthrough in South-South commerce and economic diplomacy, providing reassurance and certainty that the African continent has access to the Chinese market.
The policy positions Africa as a strategic low-cost entry point into the huge Chinese market. Companies that wish to evade high tariffs in other parts of the world can now set shop on the continent as a springboard into China, bringing much-needed foreign direct investment (FDI). The provision of non-tariff access to the world’s second-largest economy is a significantly bold move that reaffirms China's deep solidarity with the African continent and its openness to business amid rising US protectionism and transactional bilateralism.
هذه القصة من طبعة March 02, 2026 من Daily News.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Daily News
Daily News
Downs level with Pirates after win over Sekhukhune
MAMELODI
2 mins
March 02, 2026
Daily News
Lions clinch URC SA Shield: Is this the turning point for the Pride?
THERE was a pop of fireworks that illuminated the Johannesburg city bowl on Saturday night; and if you had a good understanding of the geography of Joburg, one could surmise that the light show had been set off above Ellis Park.
3 mins
March 02, 2026
Daily News
MKP's court challenge over of 2024 elections results back in the spotlight
MORE than 18 months after the May 2024 general elections, the Electoral Court is set to hear the court application made by the uMkhonto weSizwe Party (MKP) against the Electoral Commission (IEC) of South Africa over the legitimacy of that ballot.
1 mins
March 02, 2026
Daily News
The failure of theocratic political power
THE US and Israel have launched attacks on Iran.
4 mins
March 02, 2026
Daily News
Fake jobs lured SA men into war
AN INTERNATIONAL relations expert has warned that African citizens are being lured into foreign conflicts under the false promise of employment, as South Africa grapples with the deaths of two nationals who were recruited to fight in the Russia-Ukraine war.
3 mins
March 02, 2026
Daily News
Reality check: Pirates class exposes Chiefs' growing pains
THE Soweto Derby did not need time to tell its story.
2 mins
March 02, 2026
Daily News
Starmer dealt new setback as another minister resigns
BELEAGUERED British Prime Minister Keir Starmer suffered a fresh setback at the weekend after another minister in his struggling government resigned.
1 mins
March 02, 2026
Daily News
We didn't deserve to win — Dobson apologises
STORMERS coach John Dobson did not hide his frustration after Saturday's United Rugby Championship defeat to the Lions at Ellis Park, conceding that his side \"didn’t deserve to win’ after a costly, error-riddled display.
1 mins
March 02, 2026
Daily News
Patrice Motsepe launches website and sparks discussion on ANC presidential bid
BILLIONAIRE businessman Patrice Motsepe's campaigners have been requested to provide evidence that he is a credible and suitable candidate to lead the ANC and South Africa, following the launch of a website dedicated to his ANC presidential campaign this week.
2 mins
March 02, 2026
Daily News
JP blames defensive meltdowns and errors
SHARKS coach JP Pietersen says defensive meltdowns and clumsy mistakes were responsible for the heavy 41-12 United Rugby Championship loss to the Bulls on Saturday evening.
2 mins
March 02, 2026
Listen
Translate
Change font size

