New York Times quoted Thys back in 2009 regarding the Chinese. http://www.nytimes.com/2009/01/28/business/worldbusiness/28iht-yuan.3.19745865.html In South Africa, Standard Bank, itself 20 percent owned by the Industrial and Commercial Bank of China, said last month that it was advising Chinese mining clients on buying opportunities in Africa and elsewhere. "They are looking at 2009 and saying 'This is a time we see as a very big buying opportunity. We've got the backing from government, we've got the financial means,"' said Thys Terblanche, the bank's head of mining and metals investment banking.