China鈥檚 Equinox play part of deeper strategy in Africa: Globe and Mail
Rita Trichur, , goes 聽behind the headlines in discussing the $6.3 billion bid by China Minmetals to take over TSX-listed Equinox Minerals. The bid, Trichur writes is emblematic of an emboldened, more savvy China, as the country seeks to gain control over mineral resources in Africa:
China Minmetals Corp.鈥檚 plan to take over Canada鈥檚聽Equinox Minerals Ltd. ()聽marks a turning point in China鈥檚 ambitions to create a world-class mining giant, while signalling the country鈥檚 growing influence as a 鈥渟oft power鈥 in a slew of resource-rich African countries.
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