Pages

Monday, June 13, 2011

'South African workers pay the price for cheap Communist Chinese imports'

and to add insult to injury, they let wal-mart in.............from cnn.........

"China is now South Africa's biggest trading partner. But cheap Chinese imports are threatening local industries and thousands of ordinary South Africans are paying the price.


Unlike Europe and America, China continued to invest in South Africa throughout the global economic crisis, lessening the blow to the South African economy.


However, its investment is proving to be a double-edged sword because South Africa's once successful textile sector is now struggling to cope with cheap Chinese imports flooding their market"...............LINK

No comments:

Post a Comment