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Why the Era of Low-Cost Imports From China May be Coming to an End in Africa

Why the Era of Low-Cost Imports From China May be Coming to an End in Africa

FromThe China in Africa Podcast


Why the Era of Low-Cost Imports From China May be Coming to an End in Africa

FromThe China in Africa Podcast

ratings:
Length:
50 minutes
Released:
Dec 8, 2021
Format:
Podcast episode

Description

The ongoing supply chain disruptions are having a profound impact on the types of goods that consumers in Africa and other Global South countries can access. It used to cost just $1,000 a container to ship low-cost socks, shoes, electronics, and other goods that once flooded African markets. Today, the shipping cost for that same container is now $8,000 and rising -- making it possible to send only high-value goods from China that can offset those surging shipping costs.Walter Ruigu, managing director of CAMAL Group Ltd, says once the supply chain goes back to normal those costs will come down again but no one knows for sure when that will happen. And in the meantime, he warns, the consumer will pay the price.Walter joins Eric & Cobus from Beijing to discuss the latest trends in China-Africa trade and he also shares his take on the latest FOCAC conference that recently wrapped up in Senegal.JOIN THE DISCUSSION:CAP on Facebook: www.facebook.com/ChinaAfricaProjectTwitter: @eolander | @stadenesque SHOW NOTES:Contact Walter Ruigi at CAMAL Group Ltd.: https://camaltd.com/contact-us/Business Daily: How I built Kenya’s first phone USB cable firm: https://bit.ly/3pCA5jNJOIN US ON PATREON!Become a CAP Patreon member and get all sorts of cool stuff including our Week in Review report, invitation to join monthly Zoom calls with Eric & Cobus, and even an awesome new CAP Podcast mug!www.patreon.com/chinaafricaprojectSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Dec 8, 2021
Format:
Podcast episode

Titles in the series (100)

Twice-weekly discussion about China's engagement across Africa and the Global South hosted by journalist Eric Olander and Asia-Africa scholar Cobus van Staden in Johannesburg.