TAILIEUCHUNG - The risk of global financial markets: The case of China in a developing country

Globalization has forced many countries to rely on one another for products and services which they are unable to source locally. More so, trade is used as the channel to procure those. South Africa and China share very close relations which are boosted by South Africa’s neo-liberal policy, and its membership of the BRICS bloc. Often, this relationship has been subjected to different interpretations leading to the inability to reach a consensus on South Africa’s intention and exact benefits from neo-liberalization and membership of BRICS bloc. On this basis, we affirm that a notable gap exists in scholarly literature which has not provided the full-fledged understanding of the impact of Chinese manufactured goods into South Africa. We draw from the concepts of protectionism and free trade to expatiate the concerns raised by many with respect to the nature and benefits of the relationship. The paper relied extensively on secondary sources of data from which the authors then analyzed, interpreted and drew conclusions to provide a contextual explanation of the phenomenon of Chinese invasion of South African market. This method was useful for two reasons; namely its capacity to generate new insights and secondly, access to comparative studies. While the results show that South African clothing firms are increasingly shutting down because of lower prices from international competitors (especially China), and also due to structural issues of the present South African economy, we are equally aware of the extensive pressure from interest groups for the South African government to protect major local industries such as steel and textile. We argue anyway that the South African government is playing its cards carefully to avoid a backlash, especially considering its position within the BRICS bloc. | The risk of global financial markets: The case of China in a developing country

• Kinh tế học
• Free trade
• South Africa
• World trade organisation
• Developing country
• Global financial markets
• Impact of free trade
• Trade and trade liberalization
• Benefits of free trade
• Inward looking economies
• International trade practices
• Trade creation
• Trade diversion
• Vietnam EU
• Future Vietnam EU
• Free trade agreement
• FTA on Vietnam’s welfare
• Master Thesis in Economics
• Master Thesis in Economics sample
• Protectionism serves
• Trade Policy
• Libyan Poultry Meat Sector
• Trade Policy for the Libyan Poultry Meat Sector
• Trade and environment
• Euindonesia free trade agreement
• Indonesia EU CEPA
• Trade to the environment
• Pollution intensity remains
• Free Trade Area
• Regional integration
• Is bangladesh a beneneficiary
• South asian free trade area
• South Asian Association of Regional Cooperation
• Vietnamese free trade agreements
• The young labor force
• Vietnam’s export devel
• Free trade agreements
• Eurasian Economic Union
• ASEAN – Korea Free Trade Agreement
• Vietnam – Korea Free Trade Agreement
• Vietnam’s economic growth
• Official development assistance
• Vietnam's economic development
• WTO plus
• complementary WTO
• Free trade agreement policy
• Master of Business Administration
• Business Administration
• Most Effective Trade Policy
• Doctoral thesis summary
• Doctoral thesis summary International economics
• Promoting trade relations
• Framework of the Vietnam Korea
• Stochastic frontier gravity model
• Trade potential
• Actual trade
• Heterogeneous across counterparts
• Master thesis
• International Trade Policy and Law
• International Trade Policy
• Gravity equation model
• The European Union
• Kinh tế kinh doanh
• Tạp chí khoa học
• Marked Vietnam’s first integration
• Data discretion
• Vietnam’s footwear
• Partial equilibrium model
• SMART mode
• Vietnam free trade agreement
• Export footwear group HS Code 6403
• Organization of managerial accounting
• Experiential lessons
• Cost managerial accounting
• Scenario of participation
• New generation free trade agreements
• Electronics industry
• Vietnam's electronics industry recently
• FDI attraction
• Regional Comprehensive Economic Partnership
• Human resources
• Textile and garment industry
• The new generation FTAs
• Confirmatory factor analysis
• Exploratory factor analysis
• Assessing impacts of the vietnam
• EU free trade agreement
• Vietnam’s logistics industry
• Vietnam's logistics performance reports
• National competitiveness
• Influencing factors
• Vietnamese exporting enterprise
• European market
• EU – Vietnam Free Trade Agreement
• Technology capacity
• Marketing capacity
• Shirmp export
• Export growth decomposition
• GDP growth
• EU–Vietnam
• Sustainable development
• Labour protection
• External relations
• Vietnam economic development
• Coastal economics in Vietnam
• Vietnam european free trade agreement
• Marine ecosystem conservation
• Coastal management
• trade agreements
• the commercial port maithuong free trade
• e commerce
• business marketing
• business plan
• the General Agreement on Trade in Services (GATS)
• Vietnam's balance trade
• Sustainable development results
• Sustainable economic development
• Vietnam's growth and development
• Technical barriers to trade
• Textile and garment products
• Traditional tariff barriers
• Quality management system
• Strengthening communication