Industrialization in Africa: Ethiopia Wants to Become the New ‘Made in China’
▻http://onlineethiopia.net/2016/06/industrialization-africa-ethiopia-wants-become-new-made-china
As China transitions its economy from manufacturing to services, and a lot of industrial production looks for a new home, 85 million jobs will be up for grabs. Ethiopia, for its part, is aggressively positioning itself as a destination for some of that Chinese manufacturing.
▻https://soundcloud.com/chinatalkingpoints/industrialization-in-africa-ethiopia-wants-to-become-the-new-made-in-chi
“China is about to relocate 85 million jobs — Southeast Asia does not have enough population to absorb these”
#Chine #Afrique #industrialisation #Éthiopie
The enlightenment of Helen Hai |chinadaily.com.cn
▻http://africa.chinadaily.com.cn/weekly/2014-02/21/content_17296567.htm
Besides, Europe and the US allow imports of some products from Africa free of taxes, including shoes, which adds to the profit.
“This advantage in manufacturing has already shifted from the West to China,” Hai says. “The West doesn’t really have it anymore with this type of operation. What we are doing is combining Chinese know-how with competitive labor,” Hai says.