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more fruits of the USA AFRICOM policy with no emphasis on trade
www.washingtonexaminer.com
An agreement to invest $300 million in a lithium processing plant in Zimbabwe is paying dividends for China across Africa.
“The narrative about this lithium mine is being reported here in very, very positive terms,” the National Defense University’s Paul Nantulya told the Washington Examiner while traveling in Tanzania. “And this is absolutely critical because China does have some major investments in Tanzania. ... From a rhetorical standpoint, yes, China is achieving is achieving objectives.”
Western companies can't easily compete with such investments, especially in Zimbabwe. In December, for instance, the U.S. put Zimbabwean President Emmerson Mnangagwa's son on a sanctions list as part of a crackdown on “human rights abusers and those who undermine democratic processes or facilitate corruption.” Yet a corrupt and disreputable environment is no obstacle for China.
“It's not an economic decision. It's a political decision. Those are decisions that are taken at the heart of the Communist Party of China, right, which would involve Xi Jinping himself. And if a directive comes from the high echelons of the Chinese Communist Party, ... finance will be extended regardless of the economic rationale."
China's bid for lithium dominance could engulf Africa
An agreement to invest $300 million in a lithium processing plant in Zimbabwe is paying dividends for China across Africa.
www.washingtonexaminer.com
An agreement to invest $300 million in a lithium processing plant in Zimbabwe is paying dividends for China across Africa.
“The narrative about this lithium mine is being reported here in very, very positive terms,” the National Defense University’s Paul Nantulya told the Washington Examiner while traveling in Tanzania. “And this is absolutely critical because China does have some major investments in Tanzania. ... From a rhetorical standpoint, yes, China is achieving is achieving objectives.”
Western companies can't easily compete with such investments, especially in Zimbabwe. In December, for instance, the U.S. put Zimbabwean President Emmerson Mnangagwa's son on a sanctions list as part of a crackdown on “human rights abusers and those who undermine democratic processes or facilitate corruption.” Yet a corrupt and disreputable environment is no obstacle for China.
“It's not an economic decision. It's a political decision. Those are decisions that are taken at the heart of the Communist Party of China, right, which would involve Xi Jinping himself. And if a directive comes from the high echelons of the Chinese Communist Party, ... finance will be extended regardless of the economic rationale."
