Zim-Chinese trade volumes expected to surpass $1 billion

Zimbabwe and Chinese trade volumes are expected to surpass the $1 billion mark by year end.

Speaking to The Herald on the sidelines of  handover of various educational materialand equipment by Tian Ze China Tobacco Company to Dunnoly Primary School in Beatrice yesterday, Chinese Economic and Commercial Consular Mr Li Yauhui said:

Trade volumes between Zimbabwe and China had reached about $948 million as of September this year and we expect it to have surpassed the $1 billion mark by the end of the year.

He also said the export-import balance still favoured the Chinese as more goods, especially tobacco, were being exported to the East. Zimbabwe exports at least 55 percent of its tobacco to China.

More: Herald

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