This article discusses the undercurrents of US-China geoeconomic competition in Zimbabwe. It argues that while the rivalry between the United States and China has been visible at global level as demonstrated by the high profile tariff wars, South China Sea squabbles, and more recently, for the handling of the origins of the coronavirus aka Covid-19 pandemic, the US-China geoeconomic frictions have largely been of low intensity but high impact on Zimbabwe. The episodes of turfing between Beijing and Washington in that country are traceable to the 2000s when the United States and the other Western countries imposed targeted measures and sanctions on Harare following disagreements on land reform, human rights, rule of law, and electoral malpractices. The imposition of restrictive measures on Zimbabwe was accompanied by the withdrawal of the Euro-American investments, trade, finance, and development aid. In response, the Zimbabwe government invited China to invest in the lucrative sectors of the economy. This signalled the birth of the US-China geoeconomic competition in Zimbabwe. Since then, Beijing has consolidated its geostrategic interests in the country while the United States and the other Western countries have largely remained on the economic sidelines for the past two decades in Zimbabwe. This article therefore sets out to surface the US-China geopolitical and geoeconomic undercurrents thereby identifying the winners and losers as well as opportunities for the ailing economy of Zimbabwe.