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From Winery To Factories, Chinese Firms Investing Billions In South Africa

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AFRICANGLOBE - Chinese investment in South Africa is surging, highlighted by a multibillion-dollar project by Shanghai Zendai Property, a Hong Kong-listed firm. China's foreign direct investment in Africa's second-biggest economy leapt from 340 million rand (HK$255 million) in 2005 to 50 billion rand in 2012, local media quoted South African Reserve Bank deputy governor Daniel Mminele as saying.
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