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China casts long shadow over US-Africa Leaders SummitDeputy Commerce Secretary Don Graves on Monday acknowledged that the U.S. has fallen behind as China has surged past American foreign direct investment in Africa.
Source: kgun9 - 🏆 584. / 51 Read more »
U.S.-Africa Leaders Summit kicks off under China's long shadowWith dozens of African leaders descending on Washington this week, the Biden administration is offering a not-so-subtle pitch in its economic competition with China on the continent: The U.S. offers a better option to African partners. Too late. The Chinese were investing in Africa long before the US thought it was worth doing. Let me guess, climate reparations?
Source: NBCNews - 🏆 10. / 86 Read more »