September 19, 2017

China’s President Xi Jinping in Zimbabwe for Funding Deals

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By Agnes Aineah and Agencies

Chinese president Xi Jinping is in Zimbabwe where he is expected to sign major deals between the two countries.

Xi’s visit is the first by a Chinese leader since 1996.

There are mounting expectations his visit will lead to the signing of infrastructure funding and investment agreements.

He will proceed to South Africa where he will co-chair the Forum on China-Africa Cooperation Summit in Johannesburg.

International media quoted Joey Bimha, secretary of Foreign Affairs was quoted as saying the value of the agreements would be revealed later Tuesday.

China is Africa’s biggest trading partner whose investment in Africa amounted to $32.4 billion at the end of 2014, according to London based BMI Research.

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