Following rising global trade tensions, Chinese Ambassador to Nigeria, Yu Dunhai, has described the recent escalation in U.S.-China tariff disputes as a strategic opportunity to strengthen China-Nigeria economic relations.
Speaking during a press briefing on Friday in Abuja, Ambassador Yu reframed the U.S. trade restrictions as a “crisis with opportunities,” suggesting that the fallout presents new openings for mutual cooperation and economic diversification between China and Nigeria.
The ambassador emphasised the importance of a free and open multilateral trading system, especially for Africa’s development and revitalisation.
“African nations are committed to development and revitalisation, which requires a free, open multilateral trading system and a stable, predictable global environment,” Yu said.
He reinforced China’s image as a reliable and consistent partner for African countries, and reiterated its commitment to high-level market openness, especially during a time of increasing global uncertainty.
Yu highlighted China’s initiatives to expand market access for least-developed countries in Africa, particularly through the zero-tariff treatment policy unveiled during the recent Forum on China-Africa Cooperation (FOCAC) Beijing Summit.
He noted that such efforts have already yielded tangible benefits, providing African countries—including Nigeria—with expanded opportunities to increase exports and attract strategic investments.
“We see room for enhanced cooperation in trade, infrastructure, and key industries. Strengthening China-Nigeria ties will significantly contribute to Nigeria’s economic modernisation,” the ambassador stated.
Yu reaffirmed both nations’ dedication to upholding multilateral trade, condemning the growing global protectionism that threatens economic stability.
“Together, we will resist protectionism and foster an open, inclusive, and fair international environment,” he said.
He called for the advancement of a multipolar world order and a universally beneficial economic globalisation, underscoring the goal of building a community with a shared future for humanity.
This diplomatic overture comes just days after China raised tariffs on U.S. imports from 84% to 125%, effective April 12, 2025, in retaliation to the U.S. government’s sweeping 145% universal tariffs on Chinese goods—a move spearheaded by President Donald Trump.
New export opportunities: Nigerian goods may gain easier access to Chinese markets under the zero-tariff initiative.
Increased investment: Strategic sectors such as infrastructure, manufacturing, and agriculture may attract more Chinese investment.
Trade diversification: Nigeria can leverage this geopolitical shift to reduce overdependence on traditional markets and strengthen South-South cooperation.
