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New Mining Project in Eritrea Proves Again China Willing to Invest Where Others Dare Not

Chinese ambassador Cai Ge, cutting the ribbon to inaugurate Eritrea's new Asmara polymetallic mine. Image via Chinese embassy in Eritrea.

A new half a billion-dollar mining project in Eritrea reaffirms China’s reputation for investing in countries that others find too risky.

China’s ambassador to Asmara, Cai Ge, led a groundbreaking ceremony last week for new copper, zinc, and ore mine in a country that’s largely cut off from the rest of the world and actively engaged in conflicts with its neighbors.

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