The prospect of a flood of low-cost Chinese exports to African shores may help those economies suffering from high inflation but it risks undermining the growth of domestic industry. Governments in the likes of Nigeria, with a history of employing protectionist measures, or South Africa and Kenya with more mature and ambitious manufacturing sectors may seek to defend their respective industries. But we think the others in the region that are more reliant on commodity exports and/or financing from China are likely to prioritise trade ties with China over industrialisation ambitions.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services