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For decades, the Chinese government has had a foothold on the African continent. During the Mao era, the Chinese government funded and executed massive infrastructure projects like a railway connecting Tanzania and Zambia, reaping benefits on multiple levels. Not only does China have access to the wealth of natural resources in a multitude of African countries, the support from those nations was necessary for the People’s Republic of China to gain membership to the United Nations, opening up a plethora of opportunities in international diplomacy and trade.
Chinese support in Africa has been on a steady rise in the past 25 years. Trade between China and Africa rose by 700 percent in the 1990s. China’s foreign direct investment in Africa has increased by over 50 percent per year since 2001. Aside from the highly visible presence of state-owned enterprises that take on massive projects, privateers like Sun Qiaoming have been carving out their own commercial fiefdoms as well.
My only question is why didn't the US invest in Africa more?
China sees that so why didn't the US?
The quasi nation, which is slowly becoming independent from Denmark, possesses some of the largest reserves of gold, iron, copper and zinc in the world. After China, Greenland has the biggest deposits of rare earths – materials essential to tech devices such as smartphones. Its uranium resources, should they be mined, could put the arctic country among the top exporters of the elements.
All of this is becoming available in a space of land the size of Germany, as climate change melts the ice and opens up access. The country also has oil, an estimated 32 billion barrels worth, which could put it among major producing nations such as Nigeria and Kazakhstan, although the reserves have not been commercially proven yet. More than half of the island has yet to be explored.