JOHANNESBURG – Chinese businesses are preparing to open shop in Zimbabwe which could boost the country’s desperate need for foreign investment.
The acting Chinese Ambassador to Zimbabwe, Zhao Baogang, confirmed that his country was ready to enter into deals with companies in Zimbabwe, Pindula News reported on Tuesday.
Baogang made the comments when he officiated at the signing of a business deal between Zimbabwe’s Pacific Cigarette Company (PCC), formally known as Savanna Tobacco, and China Tobacco Shaanxi Industrial Corporation (CTSIC) last Friday.
The acting ambassador said that Beijing was committed to making its presence felt in Zimbabwe by engaging with the government and companies there.
“We, therefore, express our willingness to enter into deals with anyone who is ready to work with us,” said Baogang.