The Beijing Axis Group, an international intermediary and working with Chinese mining companies and natural resource companies, is confident that the extraction industry expects more deals to be concluded between China and Africa in the next two years.

At the presentation during the recently concluded Mining Indaba conference, held in South Africa under the title "China and Africa - Transformation of Business", the founder and managing director of the Beijing Axis group, Kobus van der Warth, said that the level of Chinese investment in the sector Africa's extraction is negligible compared to the extent of the participation of this Asian giant in the affairs of the continent in the years to come.

"The Chinese demonstrate courage, and they have the potential and resources that support their intentions," notes Kobus van der Wart. - China has emerged from a crisis-induced recession in a better, than ever, form and with good prospects for 2010. China's economy, stimulated by public investment, left the financial crisis behind and moved ahead, demonstrating an 8 percent GDP growth in 2009 ".

He also said that China is ready for testing in 2010 and the next stage of its "unabated growth."

The head of Beijing Axis recently noted that, although China's economy is currently vulnerable, by the fourth quarter of this year, its growth is likely to resume.

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