Audio By Carbonatix
The Chinese Ambassador to Ghana has denied suggestions that goods and imports from his country are killing businesses and industries in Ghana.
A lot of local firms say the hard times they are experiencing can be traced to the often inferior quality imported from China.
The Managing Director of Aluworks, Kwasi Okoh is one of those who believe there must be restrictions on Chinese imports.
He said, “the Chinese are coming into the country with cheap shoddy goods supported by a huge export rebate from their country.”
He warned if the situation is not checked, local companies which are non-competitive will fold up entirely.
But the Chinese Ambassador Gong Jianzhong told Joy Business the argument is not fair stressing that Ghanaian businesses must stand and face up to the competition.
He said goods from China are doing well because they meet the needs of low income earners in the country.
“China can stop exporting to Ghana but you have to import expensive goods [from other parts of the world],” he said, adding “the Ghanaian people can stop buying cheap China goods.”
Mr Jianzhong said it was not fair for his country to be blamed for the challenges facing local industries.
Source: Joy Business/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
The 3 things every World Cup fan should remember: Breathe, Hydrate, and Choose Healthy Snacks
24 minutes -
Pastor granted GH¢100,000 bail over careless driving
44 minutes -
Tunisia out of World Cup after thumping defeat by Japan
1 hour -
Dads take over Ada as Joy Safari Escape kicks off with high-octane fun
2 hours -
US-Iran talks to begin in Switzerland as Tehran says it closed Strait of Hormuz
2 hours -
Wole Soyinka demands actionable strategy for reparatory justice
3 hours -
England players to make own call on Partey handshake ahead of Ghana showdown
4 hours -
Two Kristo Asafo members drag church to court over succession dispute
4 hours -
‘We believe in ourselves’ — Jordan Ayew ahead of England encounter
5 hours -
Queiroz: Teenage sensation Yirenkyi ready for big stage
5 hours -
Report says UK PM Starmer ready to quit, but source says he is still focused on the job
6 hours -
‘Hold the line and stay the course’ – Sammi Awuku to Bawumia
6 hours -
Bright Simons demands answers on 320kg meth seizure linked to Ghana
6 hours -
Fastest World Cup to 100 goals in 68 years – are balls and breaks behind it?
7 hours -
Gakpo and Brobbey at the double as Dutch sink Swedes
8 hours