China’s massive investments in South Africa, a reason for concern?

Die Vryburger

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China's massive investments in South Africa, reason for concern?
China's massive investments in South Africa, reason for concern?

China is making big investments in South Africa, and the latest investment in the Eastern Cape is a concern for some people. A Chinese delegation of business people from the Zhejiang region of the country has just completed their preparation in the Eastern Cape to sign a deal for a huge port development project.

The Port of Port St. Johns was visited by the Chinese province governor, Yuan Jiajun as well as visits to East London and Coega area near Port Elizabeth.

The visit, which was initially aimed at improving trade relations, apparently gave rise to possible new developments that will take place in the area.

Vehicle manufacturing is also seen as a next step that Chinese businessmen may consider.

Read the original article in Afrikaans on Die Vryburger

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