US, China have big role to play in African development
The United States and China each have a role to play in the economic development of Africa, US Treasury Secretary Jacob J. Lew said, downplaying a suggestion that the US is losing the race to invest in the continent. “There is potential in the development of the African economy for many other countries,” Lewsaid on Thursday at the University of Pretoria’s Gordon Institute of Business Science in Johannesburg when asked why American investments have lagged behind those from China. “It’s not a question of should we be here, or should China be here, we both should be here.” China’s investments in sub-Saharan Africa have grown 40-fold since 2003, based on data from the UnitedNations Conference on Trade and Development. Lewtraveled this week to Egypt, Tanzania and South Africa to talk with officials about US-led efforts to boost growth. remotely control home hardware from their phones and tablets, Chief Operation Officer Mark Ren said on Thursday at the Tencent Global Partner Conference in Hainan province. The plan is to build up its application platforms, which Ren said have attracted 2.4 million third-party programs.