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Dias said it is not disingenuous to blame shipping costs on the increase since that is valid, but it’s also not the whole story.

Direct flights to China and Africa have jumped over 600 percent between 2012 and 2018. According to the China Africa Research Initiative, a research program dedicated to understanding the political and economic aspects of China-Africa relations, 200,000 Chinese construction workers, engineers, translators and company executives traveled to Africa in 2017.

Developmental pillars

Despite the renminbi depreciation, capital outflows in 2018 have remained subdued. A JPMorgan research estimated moderate capital outflow at about 0 billion last year. The country's foreign exchange reserves fell .2 billion compared to the amount at the end of 2017.

Disney-run hotels in Anaheim will remain open through Monday to give guests time to make travel arrangements, the company said. Disney will pay its employees during the shutdown and refund payments for hotel bookings, it added.