Zimbabwe's Mugabe visits China, meets Hu
Date 2010/8/14 10:27:43 | Topic: Zimbabwe
| 20100813
reuters
BEIJING (Reuters) - Zimbabwean President Robert Mugabe on Friday met his Chinese counterpart Hu Jintao, who praised the two nations' "strong and deep friendship" and pledged to boost trade and investment and strengthen political ties.
China has been a key international supporter for Mugabe, who is criticised and shunned by the United States and Europe.
"China supports the Zimbabwe government's hard work to restore and develop the economy, and is willing to push forward cooperation in mining, agriculture, infrastructure and other sectors," the official Xinhua agency quoted Hu saying.
Speaking at a meeting in the Great Hall of the People in Beijing, Hu added that China would also explore new forms of economic cooperation and hopped to deepen political ties.
Political backing has not always translated into hard economic benefits for Harare. A raft of deals totalling $1.3 billion for the building of new coal mines and three thermal stations, signed in 2006, have not yielded results.
But after years of hyperinflation and contraction, the economy has stabilised under a power-sharing government formed last year by Mugabe and his rival, Prime Minister Morgan Tsvangirai, creating a more attractive investment climate.
In May a new $400 million agreement was sealed with China's Sinohydro to expand the Kariba hydro electricity plant -- crucial to a full recovery of the economy as frequent power shortages threaten the key mining and manufacturing sectors.
And in April China handed over a revamped national stadium to Zimbabwe after refurbishments costing $10 million.
Mugabe praised China's close attention to ties with Zimbabwe, and said he hoped to see more cooperation in fields from trade and infrastructure to education and healthy.
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