China and the US in Africa: Measuring Washington’s response to Beijing’s Commercial Advance

Publisher:
Standard Bank
Publication Date:
14 March 2011
Tags:
Africa, Banking and Insurance, Asia, Australia, and Africa, United States, Canada and Africa

The increasing competition between China and the US to be Africa’s leading trading and development partner presents the continent with better strategic choices, according to Standard Bank’s latest Economic Strategy report released this week.

But the report cautions African governments against using “out-dated models that place ideology ahead of commerce” when engaging the world’s two economic giants, and suggests Africa strive for balance rather than choosing between the two.

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