Subscribe free to our newsletters via your
. Energy News .




TRADE WARS
China treats South Africa as business equals: Zuma
by Staff Writers
Johannesburg (AFP) Feb 27, 2014


China does business with South Africa on an equal footing, unlike Western former colonial powers who still act like its master, President Jacob Zuma has said.

"The countries that have been dealing with us before, particularly old economies, they've dealt with us as former subjects, as former colonial subjects," he said.

"The Chinese don't deal with us from that point of view. They deal with us as people that you must do business (with), at an equal level so to speak," Zuma told CNBC Africa in an interview broadcast Thursday.

China is the largest trading partner of the continental giant, with trade worth $21.7 billion between the two in 2012, according to official figures.

Russia and China supported the country's ruling ANC when it was still a banned liberation movement during apartheid and South Africa has tended to align its international diplomacy with that of the two permanent UN Security Council members.

"Part of the reason Africa, as much as it (was) decolonised many years ago, has never developed is because the relationships are not equal," said Zuma.

"China has come to do business, not to try to tell you what to do, what not to do. Others do."

He also questioned the disproportionate focus on Chinese investment in Africa compared to Western powers.

Africa can engage more freely with non-Western countries, he added, using as example the BRICS economies -- emerging players China, Russia, Brazil, India and South Africa.

The country can lobby the grouping to base a planned development bank on the continent, which would be impossible with Western partners, he said.

"You can't say, 'IMF must come here, World Bank.' They'll say 'You must be out of this world!'"

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








TRADE WARS
Panel to probe China compliance claim in WTO steel row
Geneva (AFP) Feb 26, 2014
A panel of trade experts was created Wednesday at US behest to test China's claim that it has complied with WTO rules regarding duties on certain US steel products. Washington has questioned China's claim that it has brought its duties on US exports of grain-oriented flat-rolled electrical steel into compliance with World Trade Organisation rules. The creation of the experts' panel was d ... read more


TRADE WARS
US moves ahead on massive Africa power bid

Renewable Generation up 30% Last Week as Gas Consumption Plummets 35%

US moves ahead on massive Africa power bid

Simple and Elegant Building Energy Modeling for All-A Technology Transfer Tale

TRADE WARS
Swelling oil fund makes every Norwegian a millionaire

ExxonMobil chief, neighbors sue over fracking concerns

Boundless Natural Gas, Boundless Opportunities

Big Step for Next-Gen Fuel Cells and Electrolyzers

TRADE WARS
Draft report finds no reliable link between wind farms and health effects

Wind farms can tame hurricanes: scientists

Czech wind power generation up 'disappointing' 15 percent in 2013

New research blows away claims that aging wind farms are a bad investment

TRADE WARS
Power Electronics PV Plant Takes Chile To 10MW

Ailing German PV panel maker SolarWorld completes restructuring

Superabsorbing Design May Lower Manufacturing Cost of Thin Film Solar Cells

First Utility Scale PV Plant For East Africa

TRADE WARS
Hundreds protest dropped charges over Fukushima crisis

Radiation affects 13 US nuclear plant employees

Obama approves Vietnam nuclear deal

France's Areva posts 3rd straight annual loss

TRADE WARS
Team converts sugarcane to a cold-tolerant, oil-producing crop

Pond-dwelling powerhouse's genome points to its biofuel potential

Sustainable use of energy wood resources shows potential in North-West Russia

Italian farmers hail coming of biomethane production incentives

TRADE WARS
No Call for Yutu

What's up, Yutu

China's Jade Rabbit rover comes 'back to life'

Yutu Awakes

TRADE WARS
Statistics research could build consensus around climate predictions

Climate: Geo-engineering no Holy Grail - study

Drought-hit Malaysian state rations water

Researchers warn against abrupt stop to geoengineering method




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.