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In the 2000s, trade between China and Namibia grew, rising from in $75 million in 2003 to $600 million in 2009. [5] China City, a wholesale and retail centre located in an industrial area of northern Windhoek about 20 minutes from downtown, was opened in 1998 by Li Chengyuan (李澄原), a businessman from Taiwan; by 2005, merchants there were importing about 1,000 containers of goods per year ...
China and Namibia have developed close economic relations, with trade increasing two-fold between the two countries from 2003 to 2006. Namibia is a major destination for Chinese investment in uranium mining. [5]: 205 Chinese companies have invested in Namibia's three biggest uranium producers: Husab, Langer Heinrich, and Rössing. [5]: 205
Namibia gained independence from South Africa on 21 March 1990, following the Namibian War of Independence. Its capital and largest city is Windhoek , and it is a member state of the United Nations (UN), the Southern African Development Community (SADC), the African Union (AU), and the Commonwealth of Nations .
Chinese used vehicle exporting is a grey market international trade involving the export of used cars and other vehicles from China to other markets around the world. With 300 million cars in China, Chinese vehicles are now entering the used vehicle market overseas to boost demand for the domestic market. [1]
Foreign-made vehicles imported into the U.S., whether new or used, for personal use or for sale, are subject to duty at 2.5% for cars, 25% for trucks and 2.4% (or free) for motorcycles, per U.S ...
The economy of Namibia has a modern market sector, which produces most of the country's wealth, and a traditional subsistence sector. Although the majority of the population engages in subsistence agriculture and herding, Namibia has more than 200,000 skilled workers and a considerable number of well-trained professionals and managerials.