China’s Trading Relationship Between Uganda And Zambia Flashcards
Collum coal mining industries, Zambia
. China fuels their economy by a guaranteed commodity of copper
. Due to high management position of Chinese jobs, Zambian workers are paid very poorly
. Zambia schools develop their own country- speaking Chinese for communication
. 11 African workers were shot by the operation’s Chinese managers
G20
. Leaders from the premier economic group ( G20) met in November 2015- plant closures in Mexico, US and Europe
. The common cause was the competition from cheap Chinese steal.
. Chinese steel dumping- where steel is sold at a rate even below the cost to produce it- creating an oversupply of steel
Tata steel, UK
. 2016- tata sold its UK business- made many people lose jobs
. 2015- thé EU imposed anti dumping duties for six months on selected steel imports from China and Taiwan
. 2016- Britains Brexit raised concerns amongst potential buyers of Tata Steel a ou whether or not The UK out of EU will have protective import tarifs