Given South Africa’s current economic woes, one would think that China’s recently announced investments in the country — the R33-billion loan from the China Development Bank to Eskom and the R370-billion toward a stimulus package — would have resulted in jubilation. But, bar the praises of a few government ministers, the news has gone down like a lead balloon.
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This ‘gift’ of R370bn from China needs to be scrutinised, don’t you think??
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