As China faces new import tariffs levied by the U.S., the country is looking to India as a potential ally.

“It’s essentially [. . .] an insurance policy,” said Song Seng Wun, an economist with the CIMB private banking unit in Singapore. As long as the U.S.-China trade relationship remains strained, China will want to improve its ties to other major trading partners as a protective measure.

On March 17-21, 2018, leaders of Africa’s 55 countries met in Kigali, Rwanda to discuss the African Continental Free Trade Area (AfCFTA). According to the African Union (AU), expected to sign an agreement to launch the AfCFTA.