China growth surge provide boost for Ghanaࢀ™s economy

0 The latest data emerging from China, the worldࢀ™s second largest economy with regards to its economic growth rate has been received with enthusiasm by macro-economic managers in Ghana. China is one of the countryࢀ™s biggest trading partners, importing huge quantities of Ghanaࢀ™s major commodity exports, while also serving as arguably the most cost competitive source of consumer goods imports. Besides this Chinaࢀ™s strong demand for commodities from all around the world has been significantly responsible for the firming up of gold, crude oil and coca prices on global commodity markets which contributed greatly to Ghanaࢀ™s consistent merchandise trade surpluses…