Explore the complexities of China's zero tariff regime for Africa, uncovering its potential impacts on trade dynamics and economic growth across the continent.
Infrastructure investing is a most for all nations developed, developing, and those seeking to compete in a 21st century global marketplace. Without a comprehensive overarching digital infrastructure plan global trade is at risk. The 20th century business models will all be obsolete within 3 years given the pace of technological advances.
BRICS appears to be taking the lead in establishing standards and opening new future markets for global trade! It’s a start at reshaping how global markets will interconnect, emerge, disappear, and survive!
You folks are still backwards thinking like mainstream econs? The Tariffs hurt China, not Africa. If you want to charge more for imports that's a cost to your domestic economy. Africa can find other buyers.
Zero tariff benefits China. They need the imports. Everyone needs imports these days. It's a global economy. What China also need is to reduce domestic production & consumption, to “save the environment.” They may do so without a drop in their standard of living, by cutting back on non-essentials (but without imposing artificial currency austerity). This is the downside of capitalist markets: the incentive is there to produce a tonne of crap no-one really needs to live a decent life. China have succumbed to this in spades. It's a tragedy.
Don’t understand how zero tariff per se deepens asymmetries. Seems to imply that it’s better not to have zero tariff? China is such a large market, it would be worthwhile making the investment needed to comply with Chinese standards. Maybe you could productively look into how China can help African exporters meet their standards be calling on China to exempt African exporters from their standards. Just my thoughts.
Zero tariffs for Africa sounds nice but basically means flooding Africa with crap recycled junk and getting resources in return, ohh the yellow soft imperialism is so much better than the hard white one. ..
Infrastructure investing is a most for all nations developed, developing, and those seeking to compete in a 21st century global marketplace. Without a comprehensive overarching digital infrastructure plan global trade is at risk. The 20th century business models will all be obsolete within 3 years given the pace of technological advances.
BRICS appears to be taking the lead in establishing standards and opening new future markets for global trade! It’s a start at reshaping how global markets will interconnect, emerge, disappear, and survive!
You folks are still backwards thinking like mainstream econs? The Tariffs hurt China, not Africa. If you want to charge more for imports that's a cost to your domestic economy. Africa can find other buyers.
Zero tariff benefits China. They need the imports. Everyone needs imports these days. It's a global economy. What China also need is to reduce domestic production & consumption, to “save the environment.” They may do so without a drop in their standard of living, by cutting back on non-essentials (but without imposing artificial currency austerity). This is the downside of capitalist markets: the incentive is there to produce a tonne of crap no-one really needs to live a decent life. China have succumbed to this in spades. It's a tragedy.
Don’t understand how zero tariff per se deepens asymmetries. Seems to imply that it’s better not to have zero tariff? China is such a large market, it would be worthwhile making the investment needed to comply with Chinese standards. Maybe you could productively look into how China can help African exporters meet their standards be calling on China to exempt African exporters from their standards. Just my thoughts.
Zero tariffs for Africa sounds nice but basically means flooding Africa with crap recycled junk and getting resources in return, ohh the yellow soft imperialism is so much better than the hard white one. ..