...
Post A Reply
my profile
|
directory
login
|
register
|
search
|
faq
|
forum home
»
EgyptSearch Forums
»
Deshret
»
Stealing Africa
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by lamin: [QB] [QUOTE][b]Already the Chinese markets are flooding in countries like Kenya and Angola and are only hurting the local markets of the natives. They are perhaps worse than Walmart.[/b][/QUOTE]The Chinese are not only exporting cheap and often low quality goods into Africa--African governments can easily put tarifs and such commodities and implement import substitution strategies. It's not that difficult to manufacture lamps, fans, torchlights, tyres, etc. Just adopt the German industrial policy of the 19th century of Friedrich List[called "autarky"] and replace the imports mentioned above--but also exporting labour. In places like Dakar Senegal, the Chinese are competing with the Lebanese for control of the local retail market. The locals[ note I don't use the racist colonial term "natives"] are displaced and end up being used by the Chinese as street sellers for some of the goods in the Chinese shops. Governments can stop that kind of thing but they have bought into neoliberal "globalistion" which ruins local markets while allowing relatively free entry for Chinese and Indian retail labour. The solution is that there should be regional protected markets and common industrial and manufacturing strategies. On the ground industrial parks should be set up so that the roads be rid of those rickety side-of-road structures set up by local retailers. Such structures are an eye-sore and should be demolished and the owners moved to industrial parks. Single and strong currencies should be adopted and proper cooperative banks also be set up--not the loan-sharkers that cater only to expatriate and non-African businesses. To all those who have no idea what is going on and get their information from such anti-African and patronising media like the Economist, Newsweek, Time, BBC, etc. then just consult the hard and more meaningful data of the Human Development Index, 2012, 2013. [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
EgyptSearch!
(c) 2015 EgyptSearch.com
Powered by UBB.classic™ 6.7.3