My sources indicate a formal launch(already consummated: see http://www.promet.com.au/prometdadi.asp ) of the merger of Promet Engineers(SA wing; firm is essentially an Australian company) and Dadi Engineers Development Group one of China's largest project engineering firms on November 17, 2011. Are the Chinese using the South African minerals terrain as a bridgehead into Africa's minerals sector? What are the implications? For me the central issue is the multiplicity of ways in which China is positioning itself on the African continent. Strategy3 my think-pad is watching closely.
