.@basmarch19 The downturn is a reminder that reliance of commodity exports is not a smart idea #AskCJuma
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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@basmarch19 It is an opportunity to invest more in industrial transformation and regional integration#AskCJumaThanks. Twitter will use this to make your timeline better. UndoUndo
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@calestous@basmarch19 China is evolving. Africa must use this opportunity to become new manufacturing hub of the world#AskCJuma -
@Captainjack_SA@calestous@basmarch19 , do you think China has de-industrialise Africa through dumping and export of counterfeit products? -
@KFredie@calestous@basmarch19 Counterfeit goods from China affects the entire world. Up to governments, consumers and brands to combat it
End of conversation
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@calestous@basmarch19 African countries can advance their own industrialisation process by selecting the right Chinese companies.#AskCJumaThanks. Twitter will use this to make your timeline better. UndoUndo
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@calestous@basmarch19 also avoids potentially crippling debt of dealing w/ SOEs, which are often financed by Chinese policy banksThanks. Twitter will use this to make your timeline better. UndoUndo
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@calestous@basmarch19 promoting SME investment (which China wants!) is harder to do, requires policy and strategy, but better in long termThanks. Twitter will use this to make your timeline better. UndoUndo
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@calestous@basmarch19 Chinese SOEs are essentially stimulus packages, will stay around so long as no hard landing, but far less actual FDIThanks. Twitter will use this to make your timeline better. UndoUndo
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@calestous@basmarch19 a lot of SMEs are leaping at opportunities as Chinese SOEs try to mitigate risk, African govs should focus on themThanks. Twitter will use this to make your timeline better. UndoUndo
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