July 14, 2008
"History" is what happens while you are dicking about with Hope and Change:"As well as the roads, Beijing has promised to repair 2,000 miles of largely defunct railways, build 32 hospitals and 145 health centres, install two electricity distribution networks, construct two hydropower dams and two new airports. In return, China has won the rights to five copper and cobalt mines in Congo's southern minerals belt which boasts some of the world's richest ore deposits. Victor Kasongo, Congo's deputy minister of mines, said: "To be honest, China was Plan B. We first approached the Europeans but they said they did not have the muscle to do what we needed. China has stepped into that opening, very quickly."" -China's 8 Billion drive to buy Africa's mineral wealth - Telegraph
Posted by Vanderleun at July 14, 2008 12:35 PM from American Digest