Analysis of the third kind
28 June 2017 17:47 (South Africa)

China imposes tax on US Nylon 6

  • Branko Brkic
    branko3048 a ray
    Branko Brkic

    Brkic is the founder and editor of The Daily Maverick.

    He has edited magazines on business and politics, technology, and wildlife. He has also published fiction and non-fiction books, most of them in Serbian. Though he has never pretended to be a reporter, his wide knowledge of politics (especially in America), combined with his experiences in a disintegrating Yugoslavia, gives him an unusual outlook on events in South Africa.

    Despite the vowel-poor surname, he tells anyone who asks that he hails from Hyde Park, Johannesburg, having spent most of his adult life in South Africa.

    Recent columns:

The Chinese ministry of commerce on Monday decided to impose a 36% tax on US-made Nylon 6, a synthetic filament used in just about every commercial product that needs a tough, durable fibre. The move is designed as an another step up in the tit-for-tat exchange of punitive measures that started in September with Obama administration’s 35% tariff on Chinese-produced car tyres. The question remains unsolved by international watchers: is the saga going to be seen as an irritant in the greater scheme of US-China relations involving so many issues of vital importance for the world, or is it, as any good sore, likely to poison the relations so much as to actually produce an all-out trade war. We bet on the former. Read more: The New York Times

  • Branko Brkic
    branko3048 a ray
    Branko Brkic

    Brkic is the founder and editor of The Daily Maverick.

    He has edited magazines on business and politics, technology, and wildlife. He has also published fiction and non-fiction books, most of them in Serbian. Though he has never pretended to be a reporter, his wide knowledge of politics (especially in America), combined with his experiences in a disintegrating Yugoslavia, gives him an unusual outlook on events in South Africa.

    Despite the vowel-poor surname, he tells anyone who asks that he hails from Hyde Park, Johannesburg, having spent most of his adult life in South Africa.

    Recent columns:

Get overnight news and latest Daily Maverick articles






Do Not Miss