S. Africa to invest more in China
By Hu Yuanyuan | China Daily | Updated: 2008-03-20 07:32
PRETORIA: South Africa will increase its investment in China this year to strengthen the economic ties between the two fast-growing emerging markets, said a South African minister.
"We would like to increase our investment in several sectors such as automotive and energy," Rob Davies, deputy minister of South Africa's department of trade & industry, told China Daily.
South Africa's investment in China hovered around $700 million in 2006. The figure for 2007 is not yet available.
Photo
