#TheBusinessBriefw/ Wandile Mazibuko
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On #TheBusinessBrief today, we looked at China overtaking Europe as South Africa’s largest trading partner for the first time in over 23 years. According to the South African Reserve Bank, China now accounts for 28.6% of South Africa’s trade, driven largely by manufactured imports. We unpacked the growing trade imbalance, concerns about Chinese imports putting pressure on local manufacturers, and what this shift means for South Africa’s economy, exports and local industries.
