Name: The Dark Side of China’s Deep Ties With South Africa
Uploaded: 2021-06-02T14:44:53.000Z
Duration: 9 min 17 s
Description: VoiceTubeの動画で発音を聞きながら英語表現を覚えよう！学べる英語：

South Africa signs 93 economic and trade deals with China

China is South Africa's biggest trading partner and biggest investor

But South Africa's deepening ties with China have other consequences

China has been cozying up to South Africa for a long time.

that chummy economic and trade relationship

And to take viewers on a deeper dive into

China's growing presence in South Africa is Shelley Zhang,

signs of China-Africa cooperation were everywhere.

Since 2010, China has been South Africa's biggest trade partner.

Now, China is also South Africa's single biggest investor.

with its development, infrastructure, and location,

as a gateway to the rest of the continent.

But there are already signs that the relationship could easily go sour.

In June 2019, China and South Africa signed

That was also when Chinese leader Xi Jinping

and South African president Cyril Ramaphosa met during

grabbed Xi Jinping's chest while Putin looked on?

But it's clear that Xi and Ramaphosa have a connection.

Maybe that's because he knows that President Ramaphosa,

are strong supporters of the Chinese Communist Party.

the ANC called the Chinese Communist Party

because of their economic reforms in China.

China's ambassador to South Africa said that

“President Cyril Ramaphosa is the last hope of this country.”

to bring in 100 billion dollars of new investment

to lift South Africa's economy out of a slump.

And most of what they've raised so far is from—

Like the $2.5 billion loan to the heavily indebted

But a big focus for the two countries is trade.

Like those 93 trade agreements I mentioned earlier.

One thing these deals are supposed to do is to fix

a trade imbalance between the two countries.

Currently, 85% of what China buys from South Africa

hey're sucking up South Africa's natural resources.

And what does China sell to South Africa?

...where you can get a bargain on China Green tea,

since cheap imports can affect local industries.

that South Africa's trade minister wants to reset.

Most of the imported goods at places like China Mall

There are around half a million Chinese people in South Africa.

At first, most immigrants were actually Taiwanese.

They came from Taiwan in the 1970s and 80s,

when South Africa had an official relationship with Taiwan.

they were replaced by economic migrants from mainland China.

Now, these small-mom-and-pop importers are leaving.

I talked to several who told me business isn't what it used to be.

But as these small Chinese entrepreneurs leave,

they're being replaced by...the Chinese state.

That is, huge Chinese state-owned enterprises,

and big businesses supported by the state.

Which is why South Africa is getting its 5G infrastructure from—

Another example is state-owned Beijing Automotive Industrial Corporation's

new auto assembly plant in Port Elizabeth.

is supposed to source around 30% of auto components from local companies.

Does the auto manufacturing benefit South Africa?

"And it's beginning already now to make a difference

to the employment situation of young people."

But the auto plant, which can source the remaining

字幕リスト動画再生

The Dark Side of China’s Deep Ties With South Africa

infrastructure

precious

random

imagine