China, South Africa agree to seek balanced trade, more investments

BEIJING (Reuters) – China and South Africa, whose top leaders met in Beijing, signed cooperation documents that cover trade and other areas, and discussed encouraging their business communities to increase two-way investments, a joint statement on Tuesday showed.

The signings included the application of a satellite navigation system, housing and settlement and export requirements for dairy products and raw wool from South Africa to China, according to the statement published by the official Xinhua news agency.

This post is originally published on INVESTING.

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