South Africa and China Strike Trade Agreements Worth $2.2 Billion
- Trade agreements aimed at boosting manufacturing exports
- Anglo Platinum, Glencore and Sappi among participating firms
Container vessel docked at the Port of Cape Town in South Africa.
Photographer: Dwayne Senior/BloombergThis article is for subscribers only.
Companies from South Africa and China concluded trade deals worth $2.19 billion during a visit to the country by Chinese Commerce Minister Wang Wentao.
The agreements were made at a meeting of a joint economic and trade committee aimed at boosting South African manufacturing exports to China and Chinese investment in the Southern African country, South Africa’s Trade, Industry and Competition Minister Ebrahim Patel told journalists on Thursday.