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Title
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Win-win or unequal exchange? The case of the Sino-Congolese cooperation agreements
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Author
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Abstract
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| The recent involvement of China in sub-Saharan Africa is challenging and changing the world geostrategic scene. In the article, we analyse the agreements between the Congolese government and a group of Chinese state-owned enterprises. A number of public infrastructure works will be financed with Chinese loans. To guarantee reimbursement, a Congolese/Chinese joint venture will be created to extract and sell copper, cobalt and gold. These are the biggest trade/investment agreements that China has so far signed in Africa. This article seeks to contribute to the discussion regarding the agreement's impact on internal development in Congo. Does it create a win-win situation for all, or is it an unequal exchange? We outline the internal and international debates and analyse several noteworthy characteristics of the agreements. In conclusion, we present a balanced view on the likely impact on Congo's short-term and long-term development. |
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Language
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English
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Source (journal)
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Journal of modern African studies. - Cambridge, 1963, currens
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Publication
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Cambridge
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2009
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ISSN
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0022-278X
[print]
1469-7777
[online]
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Volume/pages
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47
:3
(2009)
, p. 371-396
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ISI
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000269019000003
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Full text (Publisher's DOI)
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Full text (open access)
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