Chinese Bank May Delay South African Opening on Coronavirus

Bank of Communications launch hindered by travel disruptions
Lender to start wholesale branch targeting China-Africa trade

Pedestrians walk past a Bank of Communications Co. branch in Hong Kong, China, on Monday, Aug. 27, 2012.Photographer: Jerome Favre/

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By Roxanne Henderson, Loni Prinsloo and Jun Luo

March 20, 2020 at 2:00 AM EDT

Updated on

March 20, 2020 at 4:34 AM EDT

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China’s Bank of Communications Co. may delay the opening of its South African branch after the outbreak of the coronavirus restricted travel between the countries.

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