Zimbabwe, China sign 1-bln-USD MoU for setting up steel plant

Che Jun (Front), secretary of Zhejiang Provincial Committee of the Communist Party of China (CPC), addresses the opening ceremony of Zimbabwe-China Business Forum in Harare, Zimbabwe, on June 11, 2018. Zimbabwe and China on Monday signed a 1-billion-U.S.-dollar Memorandum of understanding (MoU) for establishing a steel plant that can produce up to 2 million tonnes of steel per annum. (Xinhua/Chen Yaqin)