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Alba Iulia
Monday, February 24, 2020

China ranks Zambia as second trading partner in Southern Africa

Economy China ranks Zambia as second trading partner in Southern Africa

China has acknowledged Zambia as  its second trading partner in Southern Africa after  South Africa.

Chinese Commerce Assistant Minister Hon Bingnan Wang told Zambian Ministers attending a developmental workshop in Beijing China  that trade volumes increased by 18.4 percent between January and September 2015 pushing the amount to $US 2.1 billion

Hon Wang said 570 Chinese companies had invested in Zambia in agriculture,  manufacturing,  mining, ICT and other sectors.

Team leader of the Zambian delegation  Hon.Nathaniel Mubukwanu expressed appreciation to the Chinese government for having extended an invitation to the Zambian delegation to participate in the 2016 Ministerial workshop.

Hon Mubukwanu informed the Chinese Minister that the increase in trade volumes in 2015 was as a result  of Zambia ‘s business reform improvements.

He expressed confidence that the workshop would accord his delegation  a deeper appreciation of how China had accelerated her development over the last 30 years with a view of learning best practices.

During the visit to China, the Zambian delegation will visit various companies in and outside Beijing manufacturing different products.

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16 COMMENTS

  1. Yet Chinese companies dont even pay tax to zra and pf are busy shutting down media houses? soon dictation-ship is looming…..?

  2. Knowing my home country; ni reason to celebrate! And yet it’s all raw materials they are raping in exchange to exporting the worst kind of corruption to our country. Working with Chinese is a frustrating and painful thing. Too much corruption aba bantu mwe.

    • The Chinese are terrible people to deal with. They don’t follow Zambian laws and are thoroughly corrupt. Alexander Chikanda said as much in the taped conversation that the Post disclosed the other year.

  3. The Chinese government cannot just talk nice of any African country unless they have got something to steal. There is a lot for Chinese to still under the PF government

  4. second to who? poor reporting. and secondly is it not becaue of the money they do the roads why you are second. how does that translate into the ordinary zambians improvement of their lives. i dont care what position we are with trading with china the truth of the matter is that it hasnt helped us pretty much.

  5. This is GOOD BUT WHAT IS OUR STRATEGY AS A COUNTRY? As we can SEE FROM BREXIT AND TRUMP ELECTION, WE NEED A STRATEGY on HOW WE CAN DIVERSIFY OUR EXPORTS AND REDUCE DEPENDENCE ON COPPER AND DONOR AID!! IF China is interested in doing business with us, WHY NOT NEGOTIATE,DEVELOP and IMPLEMENT STRATEGIES ON EXPORT DIVERSIFICATION? EVEN if a 10th of the CHINESE POPULATION CAN CONSUME our produce, it would MAKE A HUGE DIFFERENCE to our economy! Let us find out WHAT VALUE ADDED PRODUCTS WE CAN EXPORT TO CHINA,INDIA,MIDDLE EAST as Europe and USA continue with their game of NEGATIVE MEDIA COVERAGE ON AFRICA!

  6. I dont blame them for ranking us for our folly..look where all the infrastructure development money has gone to….they even lend us money to use their construction companies…even our unborn children are indebted to China.

  7. Mugabe uses their currency but he is smarter than Changwa and he won’t let them own 100% shares in companies like the mines

  8. Yes Zambia ranks second as waste dump for China, where even worst stupid labourers are dumped to drive Mazembe, trucks and selling chickens and groundnuts. Shame on those who masquerade as GRZ leaders.

  9. Just like when proposing a lady you spice up to win her heart.If we face reality China is the best in business nearly everything that we need to develop.What we just lack is intellectuals in rightful government institutions like Zambia bureau of standards which is doing almost nothing in relation to imports inspections.

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