Country: Democratic Republic of the Congo
Despite Lots of M&A Activity in the Cobalt Mining Sector, Chinese Imports of the Precious Metal Fell Sharply in 2020
Chinese cobalt imports fell 41.8% last year compared to the volumes shipped from the DRC in 2019, according to the mining news website Argus Media. The lockdowns in response to COVID-19 at the mines in the DRC and at South African ports, from where the precious metal ...
“I Can Be 100% Congolese and 100% Chinese” Social Media Star Zhong Feifei Tells Teen Vogue
Chinese-Congolese social media influencer, model, and aspiring pop star Zhong Feifei got a break this week when the hugely popular publication Teen Vogue profiled her and featured a Q&A: TV: You have a mixed ancestry of both Chinese and Congolese, what was ...
With the U.S. In Its Sights, China Moves to Restrict Rare Earths Exports. Could Cobalt Be Next?
China's control of strategically important minerals and metals are poised to become new weapons in the increasingly acrimonious trade conflict with the United States. The Ministry of Industry last week submitted a new policy proposal that aims to tighten export controls on rare earths, ...
China’s Rapidly Evolving Relations in the DR Congo
Foreign Minister Wang Yi's stopover in Kinshasa on his latest Africa tour highlights the growing importance of the DR Congo in Chinese foreign policy. During his visit, Wang announced a modest debt relief package and that the DRC would become the ...
With New Lockdowns in South Africa Threatening to Slow Cobalt Exports to China, Prices For the Strategically Important Metal Are Going Up
Investors are becoming increasingly worried that South Africa's recent decision to close 20 land ports will adversely impact the flow of cobalt from mines in the DR Congo to customers in China. President Cyril Ramaphosa on Monday announced a series of new lockdown measures in an effort ...
Wang Yi’s Busy Day in Kinshasa
On the second stop of his weeklong Africa tour, Chinese Foreign Minister Wang Yi spent a very busy day on Wednesday in Kinshasa, the capital of the Democratic Republic of the Congo, where he met with President Félix Tshisekedi and Foreign Minister Marie Tumba Nzeza. ...
Congolese Reflect on the Stark Contrast Between the Violence in Washington and Wang Yi’s Visit to Kinshasa
Wednesday was a day of sharp contrasts for Congolese looking at the United States and China from afar. While pro-Trump extremists stormed the U.S. Capitol, China's Foreign Minister was in Kinshasa signing deals and relieving old debts. The stark contrast in ...
China Combines Military Outreach with PPE Diplomacy in the DRC
China's ambassador to the Democratic Republic of the Congo handed over a donation on behalf of the People's Liberation Army to an officer from the Armed Forces of the DRC (FARDC). The donation of health supplies is part of a larger PLA engagement strategy to foster ...
Construction Begins on New Chinese-Financed Vocational Campus in an Important Congolese Cobalt Mining City
The Chinese embassy in Kinshasa announced that construction will begin soon on a new vocational education campus in Kowlezi, the capital of the southern Lualaba province in the Democratic Republic of the Congo. The new 15,000 square ...
Construction Begins on a Massive New Chinese-Financed Cultural Center in Kinshasa
The Chinese embassy in the Democratic Republic of the Congo announced that construction had begun on an enormous new art and cultural center in the capital Kinshasa. Work on the enormous new facility had been delayed due to COVID-19.