GOING BEYOND
4.09.2012
Mineral Resources behind US push to Africa
As China maintains a record of consistently strong economic performance, Washington is crusading against China's export restrictions on minerals that are crucial components in the production of consumer electronics such as flat-screen televisions, smart phones, laptop batteries, and a host of other products. As the United States, European Union and Japan project international pressure on the World Trade Organization and the World Bank to block financing for China’s extensive mining projects [6], US Secretary of State Hilary Clinton’s irresponsible accusations of China perpetuating a creeping "new colonialism" of the African continent remain rather telling. [7] As China is predicted to formally emerge as the world’s largest economy in 2016 [8], the successful aggregation of African resources remains a key component to its ongoing rivalry with the United States.
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