US-China Rivalry Intensifies Over Africa's Resources

US-China trade relations are increasingly tense, highlighted by the Biden administration's restrictions on advanced technology exports to China, prompting swift retaliatory measures from Beijing. This marks a notable shift in dynamics, as China's quick response contrasts with slower reactions seen in previous trade conflicts. Concurrently, President Biden's recent visit to Africa underscores efforts to counter China's growing influence, particularly in mining and infrastructure, as the US invests heavily in upgrading the Lobito Atlantic Railway to connect mineral-rich areas. The US aims to diversify its engagement in Africa, an area where China has historically dominated, by facilitating investments not only in transportation but also in renewable energy and agriculture. However, American companies are struggling to compete with Chinese firms, with General Motors reporting substantial profit losses due to market competition. This geopolitical rivalry is reshaping trade dynamics and investment strategies on both sides.