China urges Zimbabwe: respect Chinese firms' rights

HARARE, March 21 Mon Mar 21, 2011 7:08am EDT

HARARE, March 21 (Reuters) - Chinese Vice Premier Wang Qishan said on Monday that China supported Zimbabwe's drive for local people to own majority stakes in foreign firms but urged the government not to tamper with Chinese investments.

"China understands the need for indigenisation and empowerment but we hope Zimbabwe will protect the legitimate right of Chinese businesses in the country," Wang said at a briefing with Zimbabwean Vice-President Joice Mujuru.

(Reporting by MacDonald Dzirutwe; editing by Tim Pearce)