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ENGINE FAILURE
No cars, no jobs – Chinese auto industry venture in Gqeberha shows little activity seven years after launch
Close economic and political ties have triumphed over national interests, business ethics and proper investment protocols as the South African government continues to keep mum despite the R11-billion Chinese auto investment at the Coega Special Economic Zone outside Gqeberha not gaining any traction since its launch in 2016.
President Cyril Ramamphosa. (Photo: Siyabulela Duda / GCIS) | Chinese President Xi Jinping. (Photo: Andre Malerba / Bloomberg via Getty Images)