Business
Michael Sata to Chinese investors: Obey the rules
Michael Sata sworn in as Zambia’s President – REUTERS/Makson Wasamunu
Michael Sata, Zambia’s new president, told Chinese companies on Monday that they were welcome to invest in his copper-rich state, but warned them they had to obey national laws – especially by employing more Zambian workers.
Since being elected president on Friday , Sata met Chinese ambassador Zhou Yuxiao to dispel fears his sometimes fierce anti-Chinese rhetoric while in opposition would translate into a shift in investment policy.
Chinese companies that have so far ploughed more than US$2 billion into developing the mining sector in the southern African country would not be getting preferential treatment.

