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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Win-win or unequal exchange? The case of the Sino-Congolese cooperation agreements
Authors:Marysse, StefaanISNI
Geenen, SaraISNI
Year:2009
Periodical:Journal of Modern African Studies
Volume:47
Issue:3
Pages:371-396
Language:English
Geographic terms:Congo (Democratic Republic of)
China
Subjects:international cooperation
foreign investments
joint ventures
External link:https://www.jstor.org/stable/40538317
Abstract:The recent involvement of China in sub-Saharan Africa is challenging and changing the world geostrategic scene. In the article, the authors analyse agreements of 2007 between the government of the Democratic Republic of Congo and a group of Chinese State-owned enterprises. A number of public infrastructure works (roads, railways, hospitals) 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? The authors outline the internal and international debates and analyse several noteworthy characteristics of the agreements. In conclusion, they present a balanced view on the likely impact on Congo's short-term and long-term development. Bibliogr., notes, ref., sum. [Journal abstract]
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