Trade is more important than ideology. Always
Sunday Standard Trade is more important than ideology. Always If you look at South Africa’s trade numbers, especially with fellow BRICS members China and India, it’s in deficit . Of course, deficits per se are not such a bad thing. But South Africa’s membership of the BRICS was supposed to generate tangible economic benefits for the country. It was expected to lead to FDI […] The post Trade is more important than ideology. Always first appeared on Sunday Standard and is written by Stephanus Gentium
Black News 
Sunday Standard
Trade is more important than ideology. Always
If you look at South Africa’s trade numbers, especially with fellow BRICS members China and India, it’s in deficit . Of course, deficits per se are not such a bad thing. But South Africa’s membership of the BRICS was supposed to generate tangible economic benefits for the country. It was expected to lead to FDI expansion, job growth and foreign exchange earnings. However, South Africa’s trade deficit with India and China continues to widen.
There's more to this story
But to keep reading, we need you to subscribe.
Investigative journalism is an indispensable part of a healthy society, but it's also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a small number of premium features are reserved for subscribers.
You can subscribe for one week, a month or a full year - the choice is yours.
Save 77% on an annual subscription. Click here to find out how.
Existing subscribers can log in to keep reading here.
The post Trade is more important than ideology. Always first appeared on Sunday Standard and is written by Stephanus Gentium
