Totally agree. The African stereotype BS is just post colonial western racism.
China and Russia recognize Africa as the next Asia Pacific in economic potential. The trade between China and Africa has grown exponentially and as African living standard improves, it will be a huge export market for high end Chinese goods like cars. Chinese smart phones already dominate the African market.
Been watching them Haval videos on Cars.Co.Za in South Africa. Turning out they are selling like hot cakes in Australia. LOL. Building those cars locally in Africa will need an endless supply of steel. Think Ding may be stitching up a separate car plant deal in Cameroon. LOL
ANS Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
