Latest News:  

English>>Foreign Affairs

Zimbabwe PM: Chinese investment welcomed


08:41, May 23, 2013

HARARE, May 22 (Xinhua) -- Zimbabwe's Prime Minister Morgan Tsvangirai on Wednesday said Chinese investments are welcomed and he hopes the economic ties can be further strengthened after Zimbabwe's elections.

Tsvangirai told visiting Chinese Vice Premier Wang Yang that Zimbabwe's new constitution, which was signed into law Wednesday, provides strong protection for foreign investments.

Chinese businesses form the forefront of foreign investments in Zimbabwe, Tsvangirai said, adding that he wants to be assured that the economic cooperation can be strengthened after the country holds harmonized elections later this year.

China is the third largest trading partner of Zimbabwe with bilateral trade exceeding 1 billion U.S. dollars last year. China has also become Zimbabwe's largest foreign direct investment source.

Tsvangirai assured Wang that the Zimbabwe side is not making accusation about Chinese business practices in the country.

"Like all businesses, we want acceptable labor standards, we want acceptable business practices. That's all what we require," the former labor union leader said.

Tsvangirai, who is in a four-year-old coalition government, is competing mainly against President Robert Mugabe for the country's top post in elections expected to take place later this year.

We Recommend:

Analysis:'Chindia' has great potential

Taiwan demands Filipino apology

Defense of sexual slavery angers Beijing

Maritime dispute to be addressed

China, India to make new engine of world economy

Chinese President to visit Latin America

Email|Print|Comments(Editor:HuangBeibei、Yao Chun)

Leave your comment0 comments

  1. Name


Selections for you

  1. Chinese navy's landing ships in training

  2. Electronic warfare unit in drill

  3. Aftermath of Oklahoma tornado

  4. Climber rescued on Mount Everest

  5. Modern cities' Cheongsam Style

  6. 5 killed, 1 injured in S China road cave-in

  7. Top 10 gardens around world

  8. Hobbies of Chinese masters

  9. 12 Asian business women

  10. Surplus workers in rural areas will be 'zero'

Most Popular


  1. Cannes: where celebrity sells and celebrities sell
  2. Latent demand expected to take tarnish off gold
  3. Positive signs in Europe hard won
  4. Preserving culture hurts
  5. Chinese premier's India trip to evince Beijing's unwavering pursuit of better ties
  6. AP probe embodies tension between US govt, media
  7. Protectionism no painkiller for Europe
  8. Culture key to sustainable development
  9. Ten white papers, road to human rights protection
  10. Teen's tragedy reveals child abuse problems

What’s happening in China

10 million-yuan bra shines in Shengyang, North China

  1. Students suffer food poisoning in NW China
  2. Heavy rainstorm affects 180,000 in S China
  3. Building construction gives way to birds in China
  4. 23 confirmed dead in Shandong plant blast
  5. Mars One not a scam, assert organizers