BBC Newsnight: China’s $9bln Investment in the Congo (Part 2)

The Chinese appear to be using the same strategy in the DRC as they are in other countries by offering low cost loans and high

mining in drcprofile development projects in exchange for access to the raw materials that Beijing is so dependent on to keep its industrial economy humming.  In the Congo, the equation is quite simple: investment 9 billion dollars to build roads, dams and power stations in return for mining rights valued at over $70 billion.  Part two of this BBC Newsnight report dissects the Chinese deal in the Congo and why it might raise eyebrows among some critics who contend that China may be stylistically than Congo’s former colonial rulers but substantively very similar given the perceived inequity of the resource deals currently in place.

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