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Punch Newspapers Sections Published 31 December 2020 Lack of infrastructure, consistent foreign trade deficits, worsening exchange rate among other economic challenges are major impediments that may hinder production of standard and cheap products that can compete favourably with foreign products when the African Continental Free Trade Area commences, NIKE POPOOLA reports Comparative advantage Nigeria has consistently maintained foreign trade deficit records in recent quarters. This means imports have continued to exceed exports. This situation is a major concern of stakeholders  who are wor...

The trade organization, has china's rise been good or bad for america? meet steve, husband, father of two daughters and a trade statistic. >> i felt like a baseball player that got traded from a team that he loved playing for and loved the fans. i loved my customers, my co-workers were like second family to me. >> reporter: his job as a telecom projects manager went overseas to china when his factory moved there. as a casualty of foreign trade qualifies him for a stipend. >> we're keeping it level and steady and holding the line. right now we're okay. >> reporter: he's the face of the increasi...

You know, back before we had those big millennium parties, every business person in this country knew you had to be in china. it was considered a no-brainer if you wanted to move forward. well, fast forward ten years, and you can't help but see the huge impact china is having on the u.s. and many different areas. but especially on the economy. our christine romans joins us from new york with more on this very timely issue. christine? >> and tom, especially coming out of a very deep and dark recession here. the question then, nine years after china was admitted to the world trade organization a...