The USA doesn’t need to pressure nations to decide on between it and China, so long as Chinese language investments observe “the very best requirements,” in line with US Beneath Secretary for Financial Progress, Vitality and the Surroundings Jose W Fernandez. Whereas he centered on environmental and labor issues, his remarks additionally highlighted the creating strategic race for battery metals between the U.S. and China.
Talking at a mining occasion in Cape City on Thursday, Fernandez mentioned: “What African governments need is for all investments, together with Chinese language investments, to respect native legal guidelines, and native pursuits, to observe human rights, together with employee rights, and safety for the atmosphere.” He insisted that U.S. firms aren’t concerned in a “race to the underside” to undercut wages and requirements in competitors with Chinese language buyers.
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