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During 2010, South Africa joined Brazil, Russia, India and China in forming ‘BRICS’, an acronym for these five major emerging world economies. At this time, China was South Africa’s largest trading partner and during the same year at the Beijing Declaration, South Africa was upgraded to the diplomatic status of Strategic Comprehensive Partner by the Chinese government.
Since 2007 Sino-South African relations have increased trade and strengthened political ties and during 2016 there were over 140 medium-sized and large Chinese companies in South Africa to the value of 13 billion USD employing an estimated 30,000 South Africans.
Are you struggling to interact with or understand your Chinese clients, business associates or colleagues? Don’t allow language or cultural barriers to hinder your business interactions, rather contact HLS Mandarin Centre and let us get started with bridging the gap!