Scoping study on China's relations with South Africa
Date
2008
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Publisher
Centre for Chinese Studies, University of Stellenbosch, Stellenbosch, ZA
Abstract
This paper assesses the direct and indirect consequences of the economic relationship between South Africa and China where South Africa is China's second largest trading partner after Angola. The trade volume accounts for 20 percent of total trade between China and Africa. As South Africa aims to improve the value-added levels of its exports, China poses a major challenge, both because of competition in these areas, and because China’s growth itself raises the relative prices of raw materials on international markets. Beijing’s willingness to implement quotas on its exports to South Africa under-scores the importance it attaches to it.
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Keywords
FOREIGN AID, FOREIGN INVESTMENT, FOREIGN TRADE, BALANCE OF TRADE, ECONOMIC IMPLICATIONS, SOCIAL IMPLICATIONS, CHINA, SOUTH AFRICA