South Africa attracts growing Chinese investment

The past few weeks have seen two key developments in South Africa by two different Chinese OEMs, indicating the market’s appeal despite its comparatively slow economic growth rate. Beijing Automotive Industry Holding Corp (BAIC) held an opening ceremony for its joint venture in Springs, South Africa, earlier in November, reports South Subscribe to Automotive World … Continued

• By Megan Lampinen
• November 26, 2012