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South Africa: Mbeki sees Chinese threat to Africa industry
[SABCNews: 2006-05-26]
President Thabo Mbeki welcomed Chinese investment into Africa but expressed concern about its cheap products squeezing out local industry on the world's poorest continent. In an interview published in Britain's Financial Times today, Mbeki said he was "very glad" China was paying attention to the continent. "It is clear that the Chinese will invest on the African continent in all sorts of ways - in the first instance in raw materials, energy and other things," he said. "It's clear al. . .
Continue to Africa News story at SABCNews
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