Foreign and Military Affairs
Embassy says China Int'l Fund Ltd a HK firm
(Xinhua)
Updated: 2009-12-30 22:39
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HARARE: The Chinese embassy in Harare on Wednesday issued a statement saying that the Chinese government has nothing to do with the business operations of a company named China International Fund Ltd in Zimbabwe.
"The Chinese embassy certifies that China International Fund Ltd is an international company registered in Hong Kong. Its investment in Zimbabwe is completely its own corporate behavior. The Chinese government has nothing to do with its business operations. The embassy doesn't have any knowledge of the specifics," the embassy said in the statement.
The Chinese government is always devoted to the trade and economic co-operation with Zimbabwe in all sectors, the embassy said. "We firmly believe, with the joint efforts of both Chinese and Zimbabwean governments and people, the economic co-operation between the two countries is determined to achieve further development," it added.
Recently, China International Fund Ltd with its affiliated China-Sonangol and Sino-Zimbabwe Development Company has reportedly signed a serious of co-operation agreements involving US$8 billion investment deals in mining, energy and transport sectors.
The Chinese embassy received some enquiries from Zimbabwe government officials and business people requiring the embassy to confirm the agreements and activities of the company, the embassy said.
