Chinese President Xi Jinping’s Belt and Road Initiative has plowed billions of dollars into infrastructure projects in Africa. That’s given Beijing prime access to the mining resources that will underpin the upcoming technology, energy and transport revolutions.
Now the US has fully awakened to China’s ambitions. President Joe Biden is championing new investment in a railway that will transport copper and other minerals from Zambia and the Democratic Republic of Congo to the Angolan port of Lobito. But is it too late for the US to catch up?
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: [ Ссылка ]
00:00 Introduction
00:51 KoBold Metals and the Central African Copperbelt
02:32 The Benguela Railway through Angola
04:06 China’s stuttering Belt and Road Initiative
05:30 The G-7’s response to Belt and Road
06:28 Trafigura and the US’s rail investment
Camera: Zinyange Auntony
--------
Like this video? Subscribe: [ Ссылка ]
Become a Quicktake Member for exclusive perks: [ Ссылка ]
Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.
Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.
Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.
