Edited By WION Video Desk
Published: May 29, 2024, 05:20 IST | Updated: May 29, 2024, 05:20 IST
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World Business Watch May 29, 2024, 05:20 IST
China's African investment surges 114%, focus on critical minerals
China's belt and road initiative is back in Africa after a pandemic lull. Investment surged 114% last year, driven by minerals essential for the global energy transition. However, this focus on resources like copper, cobalt, and lithium raises concerns about Africa becoming a mere supplier of raw materials.
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