SA and China in R2.3bn deal

Further cementing trade ties between South Africa and China, contracts for products such as wine, frozen fish abalone and chrome oil worth R2.3 billion were signed up last week. Trade and Industry Minister Rob Davies commented at the official signing that the latest contracts had more than doubled since the last deals in 2007 when the total value amounted to R143 million. South Africa exports minerals to China as well as wine while China exports mostly electronic products to South Africa.