US counters China as Beijing’s ‘shock wave’ hits African economies

JOHANNESBURG: A top State Department official has hit out at China for what analysts are calling "the China shock wave" effect now crippling African economies.African manufacturing is reportedly being battered by a surge of Chinese imports. It’s a triple whammy — China takes raw materials, including critical minerals, from the continent and floods Africa with state-subsidized products. And Beijing isn’t importing anywhere near an equal amount of African products.The China Globa