https://en.sputniknews.africa/20231229/how-chinas-economic-policy--global-south-cooperation-boost-development-in-africa-1064360625.html
How China's Economic Policy & Global South Cooperation Boost Development in Africa
How China's Economic Policy & Global South Cooperation Boost Development in Africa
Sputnik Africa
On December 25, China gave zero tariff treatment on imports of another six African countries, thus boosting trade cooperation. AfroVerdict host sits down with... 29.12.2023, Sputnik Africa
2023-12-29T19:11+0100
2023-12-29T19:11+0100
2023-12-29T19:11+0100
afroverdict
china
global south
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russia-africa cooperation
brics
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How China's Economic Policy & Global South Cooperation Boost Development in Africa
Sputnik Africa
On December 25, China gave zero tariff treatment on imports of another six African countries, thus boosting trade cooperation. AfroVerdict host sits down with an economist to discuss how China's activity and Global South cooperation boost development across the African continent.
This isn't the first time China has given "preferential treatment" to African countries. By "expanding" the number of African countries given zero tariffs, China is trying to "create a level playing field" for these countries struggling with development, "who otherwise would not be able to compete" with larger producers, according to Bamidele Adekunle, author, researcher, and essayist affiliated with the University of Guelph and Toronto Metropolitan University.China's contribution to investing in the development of infrastructure in Africa is a great benefit, but China should capitalize on investing in human and intellectual capital.To hear what else the expert had to say, check out the entire episode of the AfroVerdict podcast, brought to you by Sputnik Africa.In addition to the website, you can also catch our episodes on Telegram.► You can also listen to our podcast on Google Podcasts, Apple Podcasts, Castbox, Pocket Casts, Deezer, Podcast Addict and Afripods.► Check out all the episodes of AfroVerdict.
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china, global south, podcasts, russia-africa cooperation, brics, de-dollarization, аудио
china, global south, podcasts, russia-africa cooperation, brics, de-dollarization, аудио
How China's Economic Policy & Global South Cooperation Boost Development in Africa
Viktor Anokhin
Producer, Podcast host
On December 25, China gave zero tariff treatment on imports of another six African countries, thus boosting trade cooperation. AfroVerdict host sits down with an economist to discuss how China's activity and Global South cooperation boost development across the African continent.
This isn't the first time China has given "preferential treatment" to African countries. By "expanding" the number of African countries given zero tariffs, China is trying to "create a level playing field" for these countries struggling with development, "who otherwise would not be able to compete" with larger producers, according to Bamidele Adekunle, author, researcher, and essayist affiliated with the University of Guelph and Toronto Metropolitan University.
"It's a signal that China is interested in trade that is mutually beneficial to both parties in this game," the financial expert says.
China's contribution to investing in the development of infrastructure in Africa is a great benefit, but China should capitalize on investing in human and intellectual capital.
"Whether it is Russia, China or the West, they need to spend more on research and development [...] there should be technology transfer," Mr. Adekunle says.
To hear what else the expert had to say, check out the entire episode of the AfroVerdict podcast, brought to you by Sputnik Africa.
In addition to the website, you can also catch our episodes on
Telegram.
► Check out all the episodes of AfroVerdict. 
