When I Was In Government, The South African Economy Was Growing At 4.5% - 5%. But Then Came The Global Financial Crisis Of 2008/2009, And So The Global Economy Shrunk. That Hit South Africa Very Hard, Because Then The Export Markets Shrunk, And That Includes China, Which Has Become One Of The Main Trade Partners With South Africa. Also, The Slowdown In The Chinese Economy Affected South Africa. The Result Was That During That Whole Period, South Africa Lost Something Like A Million Jobs Because Of External Factors.
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When I Was In Government, The South
Thabo Mbeki
When I Was In Government, The South African Economy Was Growing At 4.5% - 5%. But Then Came The Global Financial Crisis Of 2008/2009, And So The Global Economy Shrunk. That Hit South Africa Very Hard, Because Then The Export Markets Shrunk, And That Includes China, Which Has Become One Of The Main Trade Partners With South Africa. Also, The Slowdown In The Chinese Economy Affected South Africa. The Result Was That During That Whole Period, South Africa Lost Something Like A Million Jobs Because Of External Factors.
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