Industrialization in Africa: Ethiopia Wants to Become the New ‘Made in China’

A China in Africa Podcast

There’s a pretty good chance that some of the clothes you’re wearing, the shoes on your feet, and even the device you’re using to read this were made in China. Even as its economy slows, China remains the world’s factory, churning out billions of dollars of goods every year. The government, though, wants to change this, which could be a huge opportunity for countries such as Ethiopia, as well as Africa as a whole.

Uncertain Future for China’s Market Status Bid

China’s WTO Market Economy Status Is Still Pending as a December Deadline Approaches

It’s been 15 years since China joined the World Trade Organization, and yet China is still waiting for the WTO to grant it market economy status. During this period, some Chinese businesses have expanded overseas while others have been accused of flouting international anti-dumping rules.

Chinese leaders have been lobbying major trading partners in a bid to secure market economy recognition. And during the second round of the U.S.-China Strategic and Economic Dialogue in 2010 in Beijing, the two sides agreed to work together toward this goal.