Zimbabwe: Zim-China Trade to Reach U.S.$1 Billion Mark

Trade volumes between Zimbabwe and China are set to go beyond the $1 billion mark by year-end. China imports tobacco, cotton and various minerals from Zimbabwe while local businesses have turned to the East Asian economic giant for electronic, clothing and other finished products. Speaking on the sidelines of a 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 between the two countries continues to firm.

"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 said.

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