When President Biden visits Angola on Monday, he will promote a rail project meant to show America’s commitment to the continent and to counter Chinese influence.
When President Biden visits Angola on Monday, he will promote a rail project meant to show America’s commitment to the continent and to counter Chinese influence.
The financing plan, which calls for $300 billion per year in support for developing nations, was immediately assailed as inadequate by a string of delegates.
The Chinese economy is more dependent on exports, making tariffs more potent, yet it’s less reliant on American markets and increasingly bent on self-sufficiency.