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BEIJING (Reuters) -South African President Cyril Ramaphosa told China's Xi Jinping on Monday he wanted to narrow his country's trade deficit with Beijing, days before the Chinese leader is due to ...
Chinese President Xi Jinping will attend next week's summit of the BRICS nations in Johannesburg, to be followed by a state visit to South Africa, the Foreign Ministry said Friday. Foreign ...
JOHANNESBURG (Reuters) -Aspen Pharmacare is expanding further into China through a deal to buy the Chinese business of Swiss group Sandoz for up to 92.6 million euros ($100.6 million), the South ...
Sino–African relations, also referred to as Africa–China relations or Afro–Chinese relations, are the historical, political, economic, military, social, and cultural connections between China and the African continent. Little is known about ancient relations between China and Africa, though there is some evidence of early trade connections.
From the South African side trade imbalances, China's impact on South African industry, and concerns over China's influence over South Africa's domestic and international affairs remain issues of concern for bilateral relations. [42] In July 2015 South Africa's deputy president, Cyril Ramaphosa, led a trade and economic delegation to China. [43]
South Africa and Iran share historical bilateral relations and the latter supported the South African liberation movements. It severed official relations with South Africa in 1979 and imposed a trade boycott in protest against the country's apartheid policies. However, in January 1994, Iran lifted all trade and economic sanctions against South ...
South Africa is not hugely dependent on U.S. aid, but some fear that the country's preferential trade status under the U.S. African Growth and Opportunity Act (AGOA) could be next.
Almost 90% of South Africa's exports to the rest of Africa go to the SADC economies. In 2018, South Africa exported and imported goods to and from the rest of Africa to the value of US$25 billion and US$11.5 billion, respectively. Intra-Africa exports account for 26% of South Africa's total exports and imports for 12% of total imports for 2018.