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Sino-Africa trade, Ethiopia crisis, weak investment in SA

African leaders visiting China for a trade expo this week are sure to praise their ties with Beijing, but several big Chinese-funded infrastructure projects in the region are being delayed or cancelled. We doubt that last weekend’s instability in Ethiopia will prompt a shift in policy, but it does highlight the fragility of the current, reformist government. New figures from the SARB showed that domestic investment spending in South Africa slipped again in Q1.

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