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THE CHINA CHALLENGE
The United States is right to be concerned about Chinese investment in Africa. According to the consulting firm McKinsey, more than 10,000 Chinese companies now do business on the continent, earning approximately $180 billion each year. Although the United States still has more foreign direct investment stock in Africa, Chinese investment in the region is growing fast. It more than doubled in 2016 alone. In 2009, China overtook the United States to become Africa’s biggest trading partner.

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