(NSI News Source Info) - August 25, 2010: South African President Jacob Zuma said China agreed to help his country better leverage its mineral wealth and develop new technologies.The accord is a boost for his policy of “beneficiation,” or developing the country’s mineral industry beyond sending them abroad in unprocessed form. China is the biggest trading partner of South Africa, which posted a $1.5 billion trade surplus with the world’s second-biggest economy in the first seven months of the year, according to Chinese customs statistics.
The two countries talked about the “beneficiation of minerals, technology and electronics,” Zuma told reporters in Beijing today, where he is meeting with leaders including President Hu Jintao and Premier Wen Jiabao. The two nations agreed to work together on new energy conservation, Zuma said.
http://defense-technologynews.blogspot.com/2010/08/dtn-news-south-africa-today-august-25.html
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