California
mist
-0.3 ° C
0.4 °
-0.7 °
89 %
3.1kmh
100 %
Wed
1 °
Thu
5 °
Fri
3 °
Sat
2 °
Sun
8 °
Wednesday, February 12, 2025
HomeChinaChina's zero-tariff policy...

China’s zero-tariff policy bold, offering more opportunities for Africa



Staring from Dec. 1, 2024, China began to give all the least developed countries with which it has diplomatic relations zero-tariff treatment for 100 percent tariff lines, including 33 African countries, becoming the first developing country and major economy to announce such a policy.

Tefera Derbew Yimam, the Ethiopian Ambassador to China, said China has taken a bold policy measure to strengthen its relation with developing countries through deepening the opening up of its economy, in an interview with China News Network on Sunday.

“I think the zero tariff approach offers a wider opportunity for Africa and Ethiopia. It will enable us to bring more Ethiopian commodities to the huge Chinese market,” Yimam said.




Continue reading

A Swoon-Worthy Romantic Novel

In this witty rom-com read, bestselling author Ashley Poston gives a literal interpretation of the phrase “right place, wrong time.” A star-crossed couple whose intense attraction cannot sur- mount one significant obstacle: they are separated by a...