China’s economic statecraft and African mineral resources: changing modes of engagement
China’s impressive inroads into Africa’s resources sectors over the past decade are explained largely by the timely match between a cash-loaded China in search of raw materials and a continent with a vast pool of underdeveloped mineral deposits, exploration of which has been hindered for decades by underinvestment and infrastructure bottlenecks. Chinese ‘infrastructure-for-resources’ loans are ultimately a product of the convergence of Chinese and African interests at the dawn of the 21st century.