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South Africa looks to boost investment from China

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South African President Jacob Zuma called on Tuesday for greater investment in his country from China, as South Africa seeks to narrow its trade deficit with Beijing and bring growth to its sluggish economy.

 

"China is indeed a key strategic partner for South Africa, and South Africa is open for business in a big way," he said, on the first full day of a trip to China. For Beijing, Zuma's visit is an opportunity to consolidate ties with African countries, where China is increasingly turning for resources, markets and diplomatic support. (Reuters)

 

 

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