Follow us on: |
Rising commodity and oil prices, coupled with political change, have fueled a strengthening of emerging markets, reports show.
At more than $800 million, the investment is significant and deepens South Africa’s economic ties with China.
The rally shows that investors believe the Chinese economy is stabilizing after last year's correction.
China's refrigerated-product exports to Russia have been on the rise.
With oil prices sliding yet again, major companies are trying to balance investments with quarterly losses.
Uber has lost more than $2 billion in China in a costly battle with Didi for market share in the country.
While not yet compensating for billions in outflow in past years, investors have started to return to emerging market nations post-Brexit.
Talks between unions and the mining companies started this month.
Apple said it sold 40.4 million iPhones in the third quarter, down 15 per cent from the year-ago quarter.
China\s Huawei Technologies Co. is one of the world's largest maker of telecom gear.