China tops South Africa's trade league
This is a discussion on China tops South Africa's trade league within the China News forum, part of the Doing Business in China category; China has become South Africa's biggest trading partner, as rising demand for the African nation's minerals contrasts with a slump ...
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Oct 1st, 2009, 11:30 AM
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China tops South Africa's trade league
China has become South Africa's biggest trading partner, as rising demand for the African nation's minerals contrasts with a slump in orders from traditionally more important markets harder hit by the financial crisis.
Unpublished figures from the Department of Trade and Industry for the first seven months of this year show a rise of more than 50 per cent in Chinese purchases from South Africa against the same period of 2008. By contrast, South African exports to Germany, the US, Japan and the UK were well down. More... |
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