{
  "id": 14395352,
  "title": "As US pursues mine deals, Xi warns African resources are not tools for ‘rivalry’",
  "url": "https://urgent.news/2026/10/14/as-us-pursues-mine-deals-xi-warns-african-resources-are-not-tools-for-14395352",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T07:24:49.000Z",
  "source": {
    "name": "Reuters Business via SCMP",
    "slug": "reuters-business-via-scmp",
    "url": "https://www.scmp.com/news/china/diplomacy/article/3370847/us-pursues-mine-deals-xi-warns-african-resources-are-not-tools-rivalry"
  },
  "original_language": "en",
  "account": "Chinese President Xi Jinping cautioned that African resources should not be utilized as a means to fuel geopolitical rivalries, as the United States intensifies its pursuit of critical minerals on a continent where Chinese firms hold significant mining interests. During a meeting with Botswana's President Duma Boko in Beijing, Xi emphasized that \"Africa's resources belong to Africa\" and lamented the historical injustice of an unfair global distribution of labor, which has left the continent at the bottom of industrial and value chains. Xi proposed that China would assist in developing African mining sectors, aiming for increased added value, and proposed sustainable financing, the establishment of supportive logistics corridors, green technology transfer, job creation, and worker training. Kai Xue, a corporate lawyer advising on foreign direct investment in China, stated that Xi's proposals underscore China's commitment to ensuring Africa remains a leading destination for its mining investments, particularly if African nations can derive greater value from their resources. The Chinese president's remarks come as Washington seeks to secure a more substantial share of Africa's critical minerals, with the Biden administration lobbying Congo to prevent the sale of a distressed mining firm to a Chinese state-backed company and signing an agreement with the US to offer American investors first rights to designated mining projects in the country.",
  "summary": "Chinese President Xi Jinping warned that Africa’s resources should not be used as a tool for geopolitical rivalry, as the United States steps up efforts to secure critical minerals on a continent where Chinese companies have major mining interests. “Africa’s resources belong to Africa,” Xi told Botswana’s President Duma Boko in Beijing on Tuesday, according to Chinese state news agency Xinhua. He…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "South China Morning Post",
        "title": "As US pursues mine deals, Xi warns African resources are not tools for ‘rivalry’",
        "url": "https://urgent.news/2026/10/14/as-us-pursues-mine-deals-xi-warns-african-resources-are-not-tools-for",
        "published": "2026-10-14T07:24:49.000Z"
      },
      {
        "outlet": "Punch Nigeria",
        "title": "African cocoa farmers face possible exclusion from EU market, group warns",
        "url": "https://urgent.news/2026/10/14/african-cocoa-farmers-face-possible-exclusion-from-eu-market-group",
        "published": "2026-10-14T08:42:55.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}