Ben Kruger, joint group chief executive of Standard Bank, is unperturbed about deepening the financial relationship with Chinese bank ICBC.
Africa's abundant natural resources and market potential have prompted accelerated direct investment from China, and the continent has become one of the country's most important destinations for overseas investment.
Emerging markets are an important part of overseas development of China's financial institutions
President Xi Jinping's visits to Russia and Africa and his attendance at the BRICS summit epitomize China's emphasis on diplomacy in its attempt to drum up cooperation among developing countries.
Premier Li Keqiang outlined the top three tasks of the new government over the next five years, and vowed to push forward reforms and the rule of law, at his media debut in his new position on March 17.
"However deep the water may be, we will wade into it because we have no alternative."
Rebalancing and strengthening China's ties with Europe should continue to be a top priority for the new leadership in China, several leading European experts say.
China has a crucial role to play in resolving the current economic downturn in Europe and it is important for both sides to have a common vision for the future, says Michel Rocard, former prime minister of France.
How can China realize "the Chinese dream" which President Xi Jinping called "the great rejuvenation of the Chinese nation?" With the formation of China's new government, led by Xi and Premier Li Keqiang, it is appropriate to describe this grand vision and to set forth the challenges that must be met.
Xi Jinping's first official trip after being elected Party chief could turn out to be a good indicator of his policy focus. He went to Shenzhen and Guangzhou, the scene of Deng Xiaoping's symbolic and famous journey in 1992 which pushed China back onto a path of successful reform. To emphasize the message, Xi even laid a wreath in front of Deng's statue in Shenzhen, and planted a tree nearby. Since the Party Congress in November, a sense of anticipation has been created by the positive signals emanating from Xi, and Li Keqiang, elected president and premier last week.
Action and inaction are often the words used by experts to differentiate the government functioning in China and the United States.
China increases efforts to protect African wildlife through public campaigns and private missions.