China: World's New Aba Market
By Yami Bamgboye
Aba-made was an ‘unpleasant’ or ‘derogatory’ name many Nigerians gave to locally produced wares like shoes, bags, belts, clothes, etc. in Igbo land that closely looked like the real deal back in the days to mock the craftsmanship of our Igbo brothers. But despite the mockery, these people were not deterred in any way. They remained resolute, grew with time and today, many of those brands have become international like the ones they imitated in the beginning. It may not be out of place to say that the civil war brought about this ingenuity and self-sufficient mentality that facilitated the economic revival of Igbo land thereby birthing commerce on a larger scale. Or you want to argue that they never had it in them, hun?
China today
is perceived as the world’s Aba market where all sorts of ‘Aba’ (inferior)
materials are made. As funny as this sounds, it may not be entirely true. You
feel me? Now let’s look at it like this: change is common to every human except
those who deliberately resist it anyway. Henry David Thoreau says ‘Things do
not change, we change’. This singular fact explains why producers improve on
their products from time to time. Back in early 2000s, phones made in China
popularly called Chinese phones flooded Nigerian and maybe other African
markets too. They were very cheap, relatively cheaper than the ones that had
dominated the phone market like Nokia, Samsung, Sagem, Trium, Motorola,
Siemens, etc.. At first, they were scorned and only ended up in the pockets of
those willing to pay little to have just as much as a device that could at
least send messages, make and receive calls. After few years, android phones
surfaced and these Chinese producers really tried to match up except that they
bombarded theirs with more features that were just so unnecessary. It was the
period a single phone could have AC, fan, TV, etc. Loool. After another short
time, they got better and started standardizing their productions. The most
prominent, which I still remember, was Tecno. Look around today and you will
know that their (Chinese companies) tentacles have spread to other industries
including construction where their impact is felt.
In all of
these, one thing they have done well and maintained like our Aba brothers, is
to make cheap their products and services. A strategy they have used to
‘invade’ even the American market. According to https://www.gao.gov/u.s.-china-relations,
‘China’s harmful and unfair economic practices, including trade in illicit
goods [to mean substandard too], use of forced labor [including cheap labour
too], and theft of sensitive technologies pose risks to the U.S. economic and
security interests…’ Although the Cold War between America and China has
escalated and de-escalated at different times since the 40s no doubt, the
continual improvement of China’s military capabilities and copycat inventions
of Western technologies haven’t stopped threatening America’s economic dominance
and national security.
Few weeks ago, we got
informed that China produced a cheaper version of the latest Range Rover 2024
edition which costs about $4,000.What a mockery you would say! Truth is it
really looked like the original version that costs about $400,000. It shares
the same interior and functionality features but visibly looks smaller. As if
that is not enough to break the camel’s back, DeepSeek RI joins the
conversation and now, it’s yam pepper scatter scatter. Like arms race in many
parts of the world, there’s also tech race. It’s like the new battle ground
right now. So AI technology became a big deal lately after many companies and
investors invested billions of dollars to put on the market the likes of
OpenAI, ChatGPT, GPT-4, Liama and Gemini. No one ever thought some Chinese
startup that has only been for one year would develop a powerful technology that
would give the big boys a run for their money with just a fraction ($5.6 million)
of what they invested. Why this has made so much noise is because of the policy
of the American government that restricts the supply of high power AI chips to
China because of security concerns but China surprised the world by relying on
its low-cost model of under-powered AI chips and how much it closely matches
their capabilities (according to CNN).
You see what I’m saying? Now
back to our own peculiarity. We don’t have to be America to do what we have to
do to thrive and even compete with the big boys. We just need to take a cue
from these happenings, look within and churn out something of good quality with
what we have.
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