Africa’s Rich Oil: U.S., China New Competing Race for Africa and the Core Causes for Conflict (Part Five) - - News Summed Up

Africa’s Rich Oil: U.S., China New Competing Race for Africa and the Core Causes for Conflict (Part Five) -


The United States will soon depend on Africa for a quarter of its total crude oil imports, and Africa already accounts for more than a quarter of China’s oil imports today. China is currently Africa’s third most important trading partner, ahead of the United Kingdom and behind the United States and France. China and the United States use tools of soft power in different ways and with varying effects. Many American ideals have long-term, universal appeal, while the United States continues to be a magnet for immigrants and foreign students. For the United States, its particular interest lies in value preservation and projection of those values.


Source: GNN Liberia February 28, 2017 14:37 UTC



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