South Africa's Standard Bank (Standard Bank) mining and metals sector manager, colli (Rajat Kohli) said: "the state-owned enterprises and some excellent private enterprises send... clear information,JIS stpg410 seamless tube they open for African business."The biggest bank of China industrial and commercial bank of China (ICBC) owns 20% of South Africa's standard bank.
A weaker due to metal prices, tighter credit and government leadership transition, China's investment in Africa has been shrinking.Last year, according to industry estimates,black steel weld pipe 8 inch China's investment in Africa reduced about 10%.
Chinese officials questioned the success of overseas mineral mergers and acquisitions in the past 10 years.China mining association, vice President of Wang Guhua said last year, 80% of the investment largely failed.
Pricewaterhousecoopers (PwC) in Toronto mining department supervisor John gravel (John Gravelle),carbon steel 90-degrees angle welding pipe elbow said in the past year and a half, Chinese investors have been lick their wounds, but the Chinese government is "come back".
