Lesotho. Wool producers protest against Chinese monopoly

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16 July 2019 à 11h56

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1 minute

Publication: 16 July 2019 à 11h56

Reading time: 1 minute

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Publication

16 July 2019 à 11h56

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Publication: 16 July 2019 à 11h56

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At the end of June 2019, several thousand goat farmers demonstrated in the Lesotho’s capital city (Maseru) to denounce a recent agreement that obliges them to sell all their wool and mohair production to a single Chinese wholesale firm. According to the new law signed by the government at the end of 2018, the Chinese businessman Stone Shi has

a monopoly on the purchase and resale of wool and mohair produced in Lesotho. This makes the former trading system obsolete (whereby farmers us

…
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