Italy and China want to revive the spirit of the ancient Silk Road by deepening their trade and investment ties, Chinese President Xi Jinping said on Friday during a trip to Rome that has raised eyebrows in Washington.
China said on Friday it “regrets” a World Trade Organization (WTO) ruling in Washington’s favour over a dispute on Chinese subsidies to wheat and rice producers.
Trade and Industry Minister Rob Davies has raised concern about the future of the World Trade Organisation.
Agriculture Forestry and Fisheries Minister Senzeni Zokwana says many of South Africa’s trade partners have relaxed trade restrictions on the export of processed products after the Foot and Mouth disease outbreak in Limpopo in January this year.
The United States lashed out Thursday at “predatory” Chinese and Russian involvement in Africa as it announced a leaner footprint that insists on accountability in trade and peacekeeping.