FEATURED · INDUSTRY How China’s US$900 million port deal in Angola shows its dominance over US interests
August 4, 2026 1 min read
INDUSTRY

How China’s US$900 million port deal in Angola shows its dominance over US interests

Source: SCMP — China News

PUBLISHED
August 4, 2026
CATEGORY
SC
SCMP — China News
eChina Team
1

As Washington eyes the nation’s critical minerals and invests in a strategic rail project, Beijing leads in strengthening its supply chain It was the only country on the continent visited by former US president Joe Biden, albeit in the twilight of his term in December 2024. During the trip – the first by a sitting US president – Biden made the case for investment in the strategic Lobito Atlantic Railway. The railway links Angola’s Port of Lobito to neighbouring Democratic Republic of Congo and Zambia, providing the US with what it considers its own access route to critical mineral supplies from both countries. So far, the US has invested US$553 million in the project through its International Development Finance Corporation, the agency mainly charged with countering China’s economic influence around the world.

Comments

İlk yorumu siz yazın!

Yorumunuzu yazın