INDIA IS JEALOUS! China $10 Billion Mining Afghan’s Largest Lithium Mine | Will Change Everything
#china #chinanews #project #afghanistan #india #electricvehicle
Since the U.S. military completely withdrew from Afghanistan, the country has been hit by a combination of international isolation and economic sanctions. The Taliban have also made some efforts to pursue development. They are actively building infrastructure, such as canals, to promote agricultural development, and are beginning to tap the country’s rich oil and other energy resources.
However, as Afghanistan continues to face security and human rights challenges, the international community has become cautious about investing in Afghanistan. However, as an economic power, China has shown the world its strong willingness to cooperate with the Taliban. This year, both parties have also restarted some strategic projects that had been interrupted due to the situation.
Earlier this year, China and the interim government of Afghanistan signed a 25-year oil development agreement. The purpose of the agreement is to expand China’s oil resource supply chain, with a total investment of more than US$12 billion.
In addition, China also plans to invest up to US$10 billion in lithium mine development projects in Afghanistan. This not only greatly enhances China’s position in the global lithium resource supply chain, but is expected to bring economic benefits to Afghanistan of at least US$83 billion in the next eight years.
However, this move attracted widespread attention from the Indian media. They reported that China’s investment in Afghanistan is to control lithium resources worth more than US$1 trillion, which will bring a devastating blow to Afghanistan.
So, why does India think that China is controlling Afghanistan’s lithium resources? Can Chinese investment bring new hope to Afghanistan?
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