Translation: A Storm is Approaching For Chinese Mining Companies in the DR Congo

DR Congo President Félix Tshisekedi standing next to Sicomines Director-General Li Sheng during a visit to the Chinese joint venture mining company in May. Photo via Xinhua.

The following is a translation of an article published on the Global Mining (世界矿业 )WeChat page on July 15, 2021. The purpose of translations like this is to provide English language readers with a more informed understanding of the civil society discourse about China-Africa relations that is taking place within China.

On July 15, the Executive Board of the International Monetary Fund (IMF) approved a 3-year arrangement under the Extended Credit Facility (ECF) for the Democratic Republic of the Congo (DRC) in an amount equivalent to SDR1,066 million (100 percent of quota or about US$1.52 billion).

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by Eric Olander

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