Tag: China Price
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Chinese Merchants Are Disrupting Kenya’s Business Cartels
In the old days, a small group of Kenyan elites dominated the business of importing low-cost products from China that they would then turn around and sell for two or three times the cost. But that once-lucrative business is now under ...
FOCAC 6: This Time It’s Different
When Chinese president Xi Jinping arrives in Johannesburg to lead the upcoming Forum on China Africa Cooperation summit, he will be greeted as an old friend by his African counterparts. There will be smiles, the customary toasts to “win-win development” and a projection of confidence from both sides that ...