STEVEN KUO: SA should wring better deals with China and use it as leverage
The political and economic relationship with the superpower could yield unforeseen benefits
The 20th national congress of the Chinese Communist Party taking place in Beijing, which happens every five years, is arguably the most important political event in the world right now. The leadership team it confirms, and the policy direction Beijing announces, will have political, economic and security ramifications throughout the world for up to a decade.
The congress will focus on the stability of Chinese society, which is supported by sustainable and equitable economic growth. We can expect similar economic policies of the past decade, with added emphasis on growth being driven by state-owned-enterprises as China moves steadily away from being an export-driven manufacturing economy and to being driven more by domestic consumption...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.