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China in the Congo: the Geoeconomics of Cobalt and Electric Vehicles

News Snapshot:

Chinese investors cut a secret deal with Congolese officials increasing their profit share of mining revenues while falling behind on promised infrastructure agreements. WHAT’S HAPPENING? Chinese investors cut a secret deal with Congolese officials increasing their profit share of mining revenues while falling behind on promised infrastructure agreements. KEY INSIGHTS – President Tshisekedi of the Democratic Republic of the Congo could limit Chinese mining and investment in the country as part of a larger anti-corruption platform – Cobalt is a critical resource for batteries, specifically electric vehicle batteries, which is fueling China’s electric vehicle and consumer electronics market revolution –…

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