One of America’s most prominent economists, Laurence H. Summers, issued a warning to U.S. policymakers to remain engaged in Africa or else risk ceding influence to China in what he says would be an “error of historic proportions.”
Summers, a former Treasury Secretary and president emeritus of Harvard University made the comments during a webinar on Monday hosted by the Center for Global Development, a Washington, D.C.-based think tank.
Below is a transcript of his comments regarding the Chinese in Africa:
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