How Chinese Traders Both Help and Hurt Local Merchants in Ghana
A China in Africa Podcast
on May 22, 2019
It is well documented that a lot of people in Ghana and elsewhere in Africa resent the growing Chinese migrant presence, in terms of both the people who come into their countries and the Chinese way of doing business that is often culturally out of sync with local customs. Those perceptions, however, can be misleading. While an influx of Chinese business people in places like Accra, the capital of Ghana, have brought new, intense competition for local merchants and suppliers, they have also helped to lower prices for consumers. Other merchants, who buy wholesale, appreciate the new competition from Chinese traders because prices are also lower for them as well. And landlords in Accra’s Central Business District aren’t complaining either about the arrival of Chinese business people, given that rents have gone up.
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