日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

South Africa to invest more in China

By Hu Yuanyuan (China Daily)
Updated: 2008-03-20 10:34

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.

Related readings:
Trade between China, S. Africa to jump 40%
China, South Africa to push bilateral ties to new high in 2008
China bags silver in gold
BHP invests $975m in South Africa coal project
China and South Africa set up strategic dialogue

ICBC completes South Africa deal

"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.

These investments mainly went to breweries, hotels and the energy sector. The biggest investments have been made by South African giants such as MIH, SAB Miller and Sasol, who are striving to expand their presence in China.

Multinational media giant MIH, which already has stakes in several newspapers in China, including the Beijing Youth Daily, Titan Weekly and Anhui Daily, is eyeing the mobile TV market in China as the country is poised to launch the facility before the Olympic Games.

Energy tycoons Sasol and Anglo-American are also accelerating their billion-dollar projects in China, one in coal-to-petroleum and another in coal chemicals. SAB Miller, one of the world's largest breweries, is looking for more opportunities after its joint venture in China acquired five local brands in the 2006 fiscal year ended March 31.

Sources said major South African banks such as ABSA and Investec are initiating a China fund aimed at investment opportunities in the world's fastest growing economy.

"The scale of the fund will be larger than any investment South African companies have ever made in China," a source said.

China has invested thrice as much in South Africa as the latter in China, Davies said. Most of the rapid increase in Chinese investment has come through China's largest lender ICBC's takeover of a 20 percent stake in South Africa's Standard Bank. The $5.46 billion deal was completed on March 4.

"Trade and economic cooperation is a major strategic area in the cooperation framework of South Africa and China," said Davies.

This year will mark the 10th anniversary of the establishment of the two countries' diplomatic relations.

Bilateral trade has developed over the past decade from a negligible figure to $9.86 billion in 2006, according to statistics of the Ministry of Commerce. China is now South Africa's second largest source of imports after Germany and its sixth largest export market.

"The trade imbalance between two countries has been largely improved," said Davies, adding South Africa's exports to China grew much faster than imports from China last year.

While boosting investments in China, South Africa is also urgently looking for more Chinese investment, particularly in the infrastructure and raw material processing sectors.

"We would like to have more value added to our mining products before exporting them," Davies said.

Talks have been on with some Chinese companies including Sinopec and Sinosteel for cooperation toward that end.


(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 狠狠躁夜夜躁xxxxaaaa | 亚洲精品高清在线 | 在线资源站 | 亚洲第一天堂网 | 久久一线 | 精品久久久久久亚洲 | 蝌蚪视频在线观看 | 在线观看亚洲大片短视频 | 日韩精品不卡 | 超碰99在线| 精品中文字幕在线观看 | 亚洲毛片在线观看 | 成人高清网站 | 超碰97在线免费观看 | 中文字幕精品三区 | 午夜美女福利 | 欧美亚洲大片 | 国产真实乱子伦a视频 | 视频一区二区国产 | 欧美精品123| 超碰精品在线观看 | 玖玖精品| 99爱视频在线观看 | 欧洲av网站| 日韩一区二区免费在线观看 | 日韩精品www | 好吊色欧美一区二区三区视频 | 日韩精品视频观看 | 国产女人和拘做受视频免费 | 久久久久成人精品 | av在线首页 | 国产精品嫩草影院俄罗斯 | 国产免费一区二区三区最新6 | 亚洲一区二区三区在线 | 国产欧美精品一区二区三区 | 91精品国产毛片武则天 | 亚洲精品久久久久久国 | 欧美高清性xxxxhdvideosex | 久久字幕 | 国产盗摄一区二区三区 | 国产精品精品 |