China expected to increase investments in Namibia.

By bne IntelliNews February 22, 2013
China's government is expected to increase investments in Namibia's processing and labour intensive industries, as the nation is unlikely to achieve the required economic growth, export high raw materials or unprocessed goods and import all the goods that it consumes. As reported by All Africa, the bilateral trade between both the countries increased 30% y/y registering USD 678mn last year. The country's invested about USD 15mn in Namibia last year.
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