What to Watch If You Want to Profit Off of Zimbabwe's Coup

The coup in Zimbabwe leaves plenty of room to profit if you keep a close eye on China's economic influence.
Author:
Publish date:

Robert Mugabe may be gone, but China's economic influence in Zimbabwe is unlikely to cease. 

As the top destination for Zimbabwe's exports, which include cotton and tobacco, China's relationship with Zimbabwe results in a $1.1 trillion in two-way trade each year. 

This trade is unlikely to cease as Mugabe's likely successor Emmerson Mnangagwa has long maintained close ties with China. If China's economic stronghold in China grows, you'll want to keep a close eye on these tickers:

KraneShares MSCI One Belt One Road ETF (OBOR) - Get Report
Singaporean bank OCBC (OVCHY)
Rosneft (RNFTF)
PTT Global Chemical (PCHUY)

Check out our full coverage of China's influence in Zimbabwe in Alex McMillan's Real Money column. 

Watch More with TheStreet:

N/A