As long as South Africa has protectionism, it will remain poor.
And here is the thing: dumping is best dealt with in a free market - if you make wheelbarrows and the Chinese offer cheaper wheelbarrows, the buy the Chinese wheelbarrows and sell them to your customers, until China quits. Get rich off Chinese foolishness (if it is happening.)
Feel free to forward this by email to three of your friends.
PROVISIONAL anti-dumping duties have been imposed on wheelbarrow imports from China, the International Trade Administration Commission of South Africa (Itac) said on Friday.Now there is a threat: wheelbarrow imports from China. You now how many people, flying around the world first class, making inspections in long jackets, holding meetings, and writing up complaints it took to arrive at this decision? Far more than any loss from wheel barrow dumping.
And here is the thing: dumping is best dealt with in a free market - if you make wheelbarrows and the Chinese offer cheaper wheelbarrows, the buy the Chinese wheelbarrows and sell them to your customers, until China quits. Get rich off Chinese foolishness (if it is happening.)
Feel free to forward this by email to three of your friends.
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