Davies: SA, China trade swells to R270bn

Cape Town – South Africa’s bilateral trade with China grew by almost a third between 2012 and last year, says Trade and Industry Minister Rob Davies. “South Africa’s trade deficit with China [increased] from R36bn in 2012 to R38bn [last year].” … “Over 90% of South Africa’s top 10 exports to China are in raw materials, while 100% of our top 10 imports from China are manufactured products.”….