2 thoughts on “China Set to Cash in on New African Free Trade Agreement

    ab says:

    I’m a bit confused by the statement “world’s most valuable…” FTA that begins this article and the later admission that it covers $3 trillion in GDP. The US economy is more than $19 trillion. Thus, any FTA in which the US is a signatory would be more than 6 times the value. NAFTA would be 7x the value, for example.

    “Ab: It’s the worlds most valuable in terms of the numbers of people it impacts upon, and in terms of the overall projected GDP increase across the continent. The US USCMA (which is about to replace NAFTA) doesn’t have the same impact on GDP growth at all as it comes from a higher, already existing economic base.

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