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FX.co ★ U.S. and China to halve African continent

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Forex Humor:::2013-08-14T09:29:00

U.S. and China to halve African continent

While most of the regions are suffering from catastrophic deficit in investments and developing new methods for attracting investors, Africa does not make any efforts. Two world's leading economies have been competing with each other in volumes of investment in the African continent. As the latest financial reports say, America is losing out to China so far. The favorable climate, sustainable economic growth, almost unlimited mineral resources, loyal local legislation on the foreign capital – all that makes African countries even more attractive to the investors. According to ex-President of the United States Bill Clinton, health care is only one field, where the U.S.A. is demonstrating the superiority. Undoubtedly, Washington is well ahead of Beijing on that. The politician insists on investing primarily in infrastructure improvement and economic growth stimulation. Analysts think that it is high time for the U.S. to make up the leeway and go along as many countries are forced to deal with the local problems. The Clinton Foundation has been efficiently working in Africa. The representatives of the charitable organization are sure that China and the United States will form the strategic partnership in the nearest future. Perhaps, the African collaboration will be sort of test for the further participation in bigger international projects.

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