Chinese companies ink R37bn worth of deals with SA firms, including Sappi and Glencore | Business

📆 2023/08/13 4:00:00
📰 News24

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Dozens of SA & Chinese companies participated in a signing ceremony on Thursday which follows an inward trade meeting between Beijing & PTA. The meeting comes just weeks before the BRICS Summit as well as an official visit by Chinese President Xi Jinping.

Left to right: SA Ambassador to China Siyabonga Cwele, Trade, Industry and Minister Ebrahim Patel, Chinese Minister of Commerce Wang Wentao and Chinese ambassador to SA Chen Xiaodong at the signing ceremony of the SA-China business meeting.

Chinese and South African companies, including JSE-listed Sappi and Glencore, signed commercial business deals valued at just over $2 billion on Thursday following a trade meeting covering a range of industries from agriculture to fisheries and mining.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

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