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Risk aversion is rewriting global resource flows

Chinese risk appetite is driving its Africa success, leaving the West behind, says finance exec

Munira Rajkotwalla
The US has introduced several financing institutions to compete with China, but they remain underused.

The US has introduced several financing institutions to compete with China, but they remain underused. | Credits: MagioreStock via Shutterstock

An unwillingness to deploy capital where it's most needed is holding back Western economies from competing in the next generation of resource investments, said Joshua Hawley, chief executive of IGA Capital...

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