The DRC Wants to Renegotiate Some of Its Chinese Contracts. Hopefully, for Their Sake, They Read the Fine Print.

DR Congo President Félix Tshisekedi apparently wants to renegotiate some of the contracts that his predecessor, Joseph Kabila, signed with the Chinese, according to a report by Africa Intelligence. 

Argentina too, like the DRC, tried to renegotiate some of its Chinese loans when a new government came to power but failed due to “cross-cancellation triggers” in the contracts that stipulated a default or cancellation of one loan would automatically lead to the cancellation of other Chinese loans in the country.

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by Eric Olander

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