Obama sees no threat in China rivalry for Africa business

By Jeff Mason and Mark Felsenthal PRETORIA (Reuters) - The United States does not feel threatened by the growth of trade and investment in Africa by China and other emerging powers, U.S. President Barack Obama said on Saturday. Suggestions that he has allowed China to steal a march over the United States in doing business with Africa have dogged Obama's three-nation swing through the continent, but he said the increased Chinese engagement was beneficial for all. "I don't feel threatened by it. I feel it's a good thing," Obama told a news conference during a visit to South Africa. ...

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