Wednesday, November 15, 2006

Economy: Chinese business ready to support Zimbabwe's economic "revival"

Zimbabwe's state news agency reports the country's Chinese business community is willing to partner with locals to ensure the success of the country's economic revival program.

The financial director of Shomet Industry Development, one of the biggest industrial Chinese companies in the country, Willa Yu said in an interview with New Ziana that despite the economic challenges, there were a lot of business opportunities that could be exploited for the mutual benefit of the two countries.

"We support the Reserve Bank of Zimbabwe in its endeavours to turn around the economy, through putting an end to parallel market trading among other measures," she said.
Willa noted the need to bridge the language gap between Zimbabweans and Chinese as it was affecting business.

"There is lack of communication between the Chinese community and locals so much that they do not even understand each other," she said.

Sounds like Sydney.