China and Zimbabwe on the road to success: Clear the way for BRICS accession?
China strengthens trade relations with Zimbabwe, potentially opening up access to BRICS. New record: $3.12 billion traded.
China and Zimbabwe on the road to success: Clear the way for BRICS accession?
Surprise in the global economic carousel: China pulls Zimbabwe into the inner circle! The cards were reshuffled at the recent China-Zimbabwe Business Forum. China's ambassador to Zimbabwe, Zhou Ding, made the business world sit up and take notice by announcing that trade between the two nations would hit the $3.12 billion mark in 2023 - a remarkable jump of 29.9 percent compared to the previous year. Zimbabwe, a small winner from this deal, enjoys an export surplus of more than $1 billion according to information from watcher.guru.
ZimTrade CEO Allan Majuru put it best: “China is not just a trading partner, but the heart of technology and investment – exactly what we need to grow.” Although Zimbabwe did not gain new membership at the recent BRICS summit, unofficial alliances with BRICS members are emerging. The small African country could be ahead in the race for a place in the upcoming BRICS expansion - all thanks to its strategic rapprochement with economic giant China as watcher.guru reports.
The foundation for a golden future has been laid: Thanks to China and Zimbabwe's bold push towards strategic partnerships, Zimbabwe could soon confidently turn its hand in the global economy - a megadeal with far-reaching consequences!