The irony, the absolute irony.
Hot off the wires this morning comes the report that Chinese producers of wine have asked their government to investigate cheap imports which, they say, are hurting local producers efforts to develop the market.
They claim that imports of wine, especially from Europe, has increased 5 times since 2008 and now accounts for169 million litres. Spanish wine accounts for 50% of this.
China (overnight it seems) is now the fifth-largest consumer of wine in the world, so one can see how the local are getting irritated under the collar at the success of the imports. Two big local producers, Dynasty Wines and China Great Wall Wine have seen their market share drop from between 2 and 11%.
I wonder how local clothes manufacturers in South Africa feel about this? Happy that a taste of their own medicine is being dished out?
But forget clothes.
Your iPad, iPhone, kettle, heater, shoes, hat, socks, garden hose, doggy bowl, garlic, furniture,swimming pool pump, in fact; everything you see around you, has been made in China.
They’ve been flooding the markets for years, pressurising local manufacturers and putting people out of work.
Hurts a little, when the shoe’s on the other foot.