Nigeria-China Economic Relations Under the South-South Cooperation Abstract
Author | : |
Publisher | : |
Total Pages | : 0 |
Release | : 2013 |
ISBN-10 | : OCLC:1374523228 |
ISBN-13 | : |
Rating | : 4/5 (28 Downloads) |
Download or read book Nigeria-China Economic Relations Under the South-South Cooperation Abstract written by and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study seeks also to identify the crucial aspects of Nigeria-China bilateral interactions, assess the receptivity to the Chinese penetration of the Nigerian economy and the changing perspectives on the viability of the bilateral relations. [...] With the end of the Cold War that witnessed the disintegration of Soviet Union and the replacement of state communism as the mode of economic organisation as well as the upsurge of liberal democratic values and ethos all over the world, China emerged as one 3-Udeala.pmd 66 28/09/2013, 16:37 Udeala: Nigeria-China Economic Relations Under the South-South Cooperation 67 of economic powers in the curr. [...] These include the imbalance in the structure of level of their trade, the inadequacy of the industrial infrastructure for promotion of relations, the incidence of flooding of the Nigerian market with substandard goods from China and inability to implement various bilateral agreements be- tween the two countries among other problems. [...] The paper analyses from the trade data that despite the increase in trade volume between the two countries, the bilateral economic relations have been in favour of China, thus creating a feeling of the lopsided distribution of the benefit from the bilateral trade. [...] These include the imbalance in the structure of level of their trade, the inadequacy of the industrial infrastructure for promotion of relations, the incidence of flooding of the Nigerian market with substandard goods from China and inability to implement various bilateral agreements between the two countries among other problems.