Another big Chinese investment in African minerals
Sunday, June 6, 2010 at 12:03AM
Thomas P.M. Barnett in Africa, China, Citation Post, extractive industries

Pic here, along with stunning accurate 2008 prediction of this investment

FT story on China investing $877m into South African mining industry--the second largest Chinese investment in Africa outside of oil and the first time China takes a direct stake in Africa's platinum reserves.

South Africa holds an 80% share in global platinum production, so it wasn't a tough prediction to make.

Article originally appeared on Thomas P.M. Barnett (https://thomaspmbarnett.com/).
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