Tshisekedi Heads To China For $6 Billion



DRC-CHINA DEAL: Tshisekedi Heads To China For $6 Billion

  • President of the Democratic Republic of Congo, Felix Tshisekedi, is to embark on a visit to China from May 24 to May 29, aiming to sign significant economic agreements.
  • China and Congo are set to revise and finalize a $6 billion infrastructure-for-minerals agreement, reinforcing bilateral ties and cooperation.
  • High-level meetings were scheduled between President Tshisekedi and Chinese leaders to discuss cooperation, including discussions on the Belt and Road Initiative and strengthening trade relations.

Felix Tshisekedi, the president of the Democratic Republic of the Congo, will go to China from May 24 to May 29 and is scheduled to meet with President Xi Jinping to discuss and sign a number of significant economic agreements.

A meeting would allow the two nations to formally revise and sign a $6 billion infrastructure-for-minerals agreement with Chinese investors. The Chinese foreign ministry confirmed the trip on Monday. The president informed the cabinet that a task committee reviewing the agreement had turned in its findings, allowing talks with Chinese partners to start soon.

The two presidents will meet while in China and take part in a ceremony to sign cooperation agreements jointly, according to the Chinese foreign ministry.

“The Democratic Republic of Congo is an important country in Africa, and the friendship between China and the Democratic Republic of Congo has a long history,” Chinese foreign ministry spokesperson Mao Ning said at a regular press briefing.

“Both sides have always supported each other on issues related to each other’s core interests and major concerns. In recent years, political mutual trust between China and the Democratic Republic of Congo has been continuously deepening, and practical cooperation has yielded fruitful results,” Mao added.

Tshisekedi will also meet Premier Li Qiang and Zhao Leji, chairman of the Standing Committee of the National People’s Congress of China.

Additionally, China is willing to work with the Democratic Republic of the Congo (DRC) to advance high-quality cooperation through the Belt and Road Initiative (BRI), according to Qin Gang, the Chinese State Councilor and Foreign Minister, who met with Christophe Lutundula, the DRC’s vice prime minister and foreign minister, on Monday. China is the DRC’s largest trading partner and source of investment, and The DRC is the world’s largest producer of battery material cobalt. It also has significant deposits of diamonds, gold, lithium, and tantalum.

DRC, according to Qin, is China’s close ally and brother. this upcoming meeting will formulate high-level plans and identify the strategic course for the advancement of bilateral ties in the future, according to Qin.

CREDIT: Business Insider


  1. Chinese have seen gold, copper, lithium, and all mother of minerals in Congo, they are going for a final kill. They are more willing than ready to learn Lingala, French and marry Congolese…..

  2. Is it 6 billion or more, I heard the spokesperson making corrections that the Chinese want to give DRC 17 billion more claiming that 6 billion was too little. Anyway that is how Colonialists invaded Africa through the scramble for Africa and the Chinese have now come through the scramble for resources. Don’t make any mistake and think that the Chinese money is free, no. In this world, there is nothing for free, if you are not paying the rentals, just know that someone is paying for you and is expecting something in return. China is after your resources, they finished your elephants, your rhinos, your rose wood, your mukula and now they have come for your minerals, continue sleeping until all your resources are gone.

  3. @citizen, and Africans will be left with debt, rotten infrastructure, a few corrupt politicians rich and masses with debt burden. Africa shall close its borders for the Chinese, Americans and Europeans.

  4. Sad that we never learn. The raping of the DRC by the Chinese has began, facilitated by their leaders.

    The so called agreements will obviously be opaque just like those with Zambia. They wilI be shrouded in secrecy to allow for grand corruption and the mineral resources will be plundered at will.

    A fool is soon parted with his money.


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