China’s aid will not push SA into debt trap, says Ramaphosa
05 September 2024 - 08:51
UPDATED 05 September 2024 - 21:07
President Cyril Ramaphosa says the multibillion-rand financial commitments made by China will not lead SA into a debt trap, assuring the business community of stability in the country’s future trajectory.
China is SA’s largest trading partner, importing mainly primary goods such as agricultural products and minerals. Both are members of Brics and their diplomatic relations focus on building stronger economic, cultural and political bonds...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.