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An outdated iron ore beneficiation value chain is holding back South Africa’s industrialisation, even as government imposes tariffs mainly affecting China to shield ArcelorMittal from the surge of ste ...
But because South Africa exports primarily raw materials to China, and imports mainly manufactured items, the upswing has been overshadowed by a persistent trade imbalance that favours China.
At the same time, China has greater internal agricultural and production capacity, so it does not need to import as many goods from South Africa. If South Africa applied the same principle that ...
But because South Africa exports primarily raw materials to China, and imports mainly manufactured items, the upswing has been overshadowed by a persistent trade imbalance that favours China. The ...