Biden’s Africa trip showcases a U.S.-funded railway project aimed at reducing Africa’s reliance on China for critical mineral trade.
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China-Africa trade
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China and Africa have maintained their strong economic ties in 2023, with bilateral trade reaching a record high of US$282.1 billion, according to the latest Chinese customs data. However, Africa’s …
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The South African bank RMB has announced the renewal of its partnership with China Construction Bank (CCB) for another five years. The collaboration, which started in 2009, aims to facilitate …