

Morocco is Now a Major Hub for Chinese Investment in Africa
30 snips Dec 20, 2024
François Conradie, a political economist at Oxford Economics Africa, discusses Morocco's rising status as a magnet for Chinese investment. He highlights how Morocco’s strategic location and free trade agreements make it an attractive hub for Chinese automakers. The conversation delves into Morocco’s critical role in the global battery metal supply chain and its burgeoning automotive industry. Additionally, Conradie explores the complexities of Morocco's trade dynamics with China and implications for local industries amid the geopolitical landscape.
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Xi's Surprise Visit
- Xi Jinping's surprise visit to Casablanca involved roadblocks and a late announcement.
- It was labeled a 'technical stopover' for safety, not a state visit.
Reasons for Xi's Visit
- Xi Jinping's Morocco visit likely focused on the automotive industry's importance to both nations.
- Concerns over European fishing rights in the Sahara may open opportunities for Chinese fishing.
Diplomatic Angles
- Morocco seeks China's diplomatic leverage in Africa regarding the Sahara dispute.
- Crown Prince Moulay el-Hassan's meetings with world leaders signal his succession readiness.