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Home Main Story

China Eyes Afghanistan’s $1 Trillion Minerals With Risky Bet On Taliban

The Edge Media by The Edge Media
4 years ago
in Main Story, World Edge
Reading Time: 1 min read
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China Eyes Afghanistan’s $1 Trillion Minerals With Risky Bet On Taliban
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When the U.S. invaded Afghanistan in 2001, the global economy looked a lot different: Tesla Inc. wasn’t a company, the iPhone didn’t exist and artificial intelligence was best known as a Steven Spielberg film.

Now all three are at the cutting edge of a modern economy driven by advancements in high-tech chips and large-capacity batteries that are made with a range of minerals, including rare earths. And Afghanistan is sitting on deposits estimated to be worth $1 trillion or more, including what may be the world’s largest lithium reserves — if anyone can get them out of the ground

With the U.S. withdrawal, Beijing can offer what Kabul needs most: political impartiality and economic investment,” Zhou Bo, who was a senior colonel in the People’s Liberation Army from 2003 to 2020, wrote in an op-ed in the New York Times over the weekend. “Afghanistan in turn has what China most prizes: opportunities in infrastructure and industry building — areas in which China’s capabilities are arguably unmatched — and access to $1 trillion in untapped mineral deposits.”

 

Tags: #Afghan#englishnews#latestnews#minerals#trillon.chinaTaliban
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