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Chinese President Xi Jinping stated Tuesday that African mineral resources “belong to Africa”, providing Beijing’s assist for the business and warning in opposition to “geopolitical rivalries” that might hurt it.
China, by state-owned and personal companies, is a key participant in Africa’s precious mining sector, notably in extraction. It is one in all a number of main powers vying for entry to resources.
Accepting “the principle that African resources belong to Africa must be a prerequisite for any cooperation”, Xi stated throughout a gathering in Beijing with Botswana’s President Duma Boko, whose nation has an enormous mining business.
