Thursday, February 9, 2012

Investment News and Commentary from Emerging Markets in Asia - China, India and ASEAN





About 2point6billion.com

2point6billion.com discusses investment news and events from the emerging markets of Asia - including India, China and the ASEAN countries. It is produced by the Asian foreign direct business advisors at Dezan Shira & Associates from their offices across emerging Asia.




China and South Africa Announce ‘Comprehensive Strategic Partnership’

Photo: XinhuaAug. 25 – South African President Jacob Zuma touched down in Beijing on Tuesday for his first state visit to China with an aim to strengthen strategic and commercial ties between the two nations.

Wasting no time, Zuma and Chinese President Hu Jintao announced a “comprehensive strategic partnership” immediately following a one-hour talk in the Great Hall of the People yesterday afternoon and both parties signed the Beijing Declaration which covers trade, investment, mineral exploration and agriculture.

“In this new spirit of China-South Africa relations, we will work together to advance the bilateral comprehensive strategic partnership,” Hu told Zuma during talks.

Hu also stated that China and South Africa need to strengthen collaboration in the fields of culture, education, media, healthcare and tourism in addition to bolstering academic and scientific cooperation.

Zuma’s 300-strong business delegation also participated in numerous dialogues yesterday with their Chinese counterparts, resulting in the signing of over a dozen cooperation agreements in the areas of energy, mining, finance, and telecommunications.

China and South Africa represent the largest economies on their respective continents and have grown to become important trade partners over the years. Xinhua reports that China is now South Africa’s largest trading partner and South Africa is now China’s second largest trade partner. Bilateral trade between the two rose 56.1 percent to US$10.81 during the first half of the year, when compared with the first half of 2009.

This entry was posted in Politics. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>



Dezan Shira & Associates provide a range of services for companies looking to undertake foreign direct investment into Asia, These include corporate establishment, accounting, tax, payroll, audit and due diligence. To learn more about the firm, please contact one of our specialists at china@dezshira.com, download our corporate brochure or visit at us www.dezshira.com


Dezan Shira & Associates, Twenty years of Excellence

The Asia Briefing Bookstore

Our best selling legal, financial, tax and regional guides to Asia business, industry reports and more…
Click here to view all titles now

China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store

NOW AVAILABLE IN PDF