ECONOMIST Dr Trevor Hambayi says the country must own at least 60 percent of the mines and find a direct link to China in order to benefit from that country’s zero-rate tariff. And economist Bright Chizonde has called for the suspension of exports of raw materials if Zambia is to benefit from China’s decision to scrap tariffs. Recently, China disclosed that it is implementing a zero-tariff policy on imports from all 53 African nations with diplomatic ties to Beijing, running through April 2028. Commenting on this in an interview, Monday, Dr Hambayi said the country must have a trade balance by exporting more than it imports from China. “We must have a trade balance that is speaking to us exporting...
