The Phaserl


Obama says Africa prefers US over China

from The BRICS Post:

US President Barack Obama has said that African leaders prefer the US approach to Africa to that of China.

“They recognise that China’s primary interest is being able to obtain access for natural resources in Africa to feed the manufacturers in export-driven policies of the Chinese economy,” President Obama said.

“Oftentimes that leaves Africa as simply an exporter of raw goods” as opposed to creating long-term jobs, said the the president. He warned that the US could lag behind even as Africa finds new partners in countries like China, India and Brazil.

Obama arrived in South Africa on Friday evening on a three-day official visit aimed at boosting trade ties.

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