Hm, maybe they hedging their bets somwhere else...
"Sinosteel cut deals in Gabon in 2006, and two years later expanded in Zimbabwe and Cameroon, bringing its total investments on the continent to about US$ 1 billion. It's now the largest, most deeply rooted resource-based Chinese enterprise in South Africa. And it operates 10 companies with 8.9 billion yuan in assets across Africa, all from a regional headquarters in Johannesburg."
