China urges Zimbabwe: respect Chinese firms’ rights

http://af.reuters.com

Mon Mar 21, 2011 11:12am GMT

HARARE (Reuters) – Chinese Vice Premier Wang Qishan said on Monday that
China supported Zimbabwe’s drive for local people to own majority stakes in
foreign firms but urged the government not to tamper with Chinese
investments.

“China understands the need for indigenisation and empowerment but we hope
Zimbabwe will protect the legitimate right of Chinese businesses in the
country,” Wang said at a briefing with Zimbabwean Vice-President Joice
Mujuru.

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China urges Zimbabwe: respect Chinese firms’ rights