| ID | 092991 |
| Title Proper | Win-win or unequal exchange |
| Other Title Information | the case of the Sino-Congolese cooperation agreements |
| Language | ENG |
| Author | Marysse, Stefaan ; Geenen, Sara |
| Publication | 2009. |
| Summary / Abstract (Note) | 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. |
| `In' analytical Note | Journal of Modern African Studies Vol. 47, No. 3; Sep 2009: p371-396 |
| Journal Source | Journal of Modern African Studies Vol. 47, No. 3; Sep 2009: p371-396 |
| Key Words | Unequal Exchange ; Sino - Congolese ; Chian - Cooperation |