International Journal of Academic Accounting, Finance & Management Research (IJAAFMR)
  Year: 2022 | Volume: 6 | Issue: 12 | Page No.: 83-93
Product Dumping: A Focus on Nigeria - China Trade Relations Download PDF
Ugwu, Anthony O., Uzochukwu, I. Ozumba & Paul C. Ezinna, Ph.D

Abstract:
The trade relation between Nigeria and China has grown tremendously over the years. However, the issue of product dumping seems to have smeared the positive gains recorded by the two countries. The objective of the study is to assess the trade relationship between Nigeria and China with emphasis on product dumping from 1999 to 2019. Hence, attempt was made to answer the following research questions: (i) why have Nigeria become a dumping ground for Chinese products? and (ii) what are the effects of Chinese product dumping on Nigerian economy? Documentary research method was adopted for the study. Qualitative data were analyzed using qualitative descriptive analysis while quantitative data were analyzed using simple arithmetic and percentage. Findings indicate that Nigeria is a dumping ground for Chinese products because Nigeria is on the weaker side of the Bilateral Trade Relations with China and it adversely affects Nigerian economy.