Maimane on Monday evening said China’s currency woes were already crippling South Africa’s own and the potential nuclear deal with Russia would sink the economy.
This despite the African National Congress praising both China and Russia as exemplary in their national general council [NGC] discussion documents released last week.
In the discussion documents, the ANC says the “rise of emerging economies led by China in the world economy has heralded a new dawn of hope for further possibilities of a new world order. In the past twenty years of our democratic dispensation, we have witnessed an increased growth of trade relations between our country and the People Republic of China. China–South Africa trade and investment has been on a pedestal both quantitatively and qualitatively.”