South African and Chinese trade cooperation
A series of bilateral agreements have been signed by representatives from
Speaking during the ceremony, President Mbeki said the number of agreements signed "underlines the importance of the strategic relationship that we have with the People's Republic of
Since the establishment of diplomatic relations in 1998, trade between
The signing of the cooperative agreements took place against a backdrop of mounting concern over the damage being caused by Chinese textile products to the South African textile industry with several clothing factories having been forced to close down and thousands of workers losing their jobs.
"President Mbeki and I both agree that the issue of textiles should not be allowed to compromise the overall economic trade between the two countries,” commented Premier Wen. He also said there were a number of moves being made by his country to minimise the economic damage that