In an excerpt from his new book, Nicolas Niarchos examines how China and the Democratic Republic of Congo negotiated an infrastructure-for-commodities agreement involving two large Chinese state-owned enterprises and unlikely private sector partner.
Illustration by Sam Ward
After college in Canada, Peter Zhou’s passion for numbers — the way injections of money can be used to grow and shape businesses, the complexities and vagaries of the world’s financial cycles — led him not back to China but to the Bank of Montreal. Canada, a nation with a long history of extractive industries, was a hub for mining start‑ups. “That bank is known for resources, fracking, mining, and oil and gas,” he told me when we spoke in 2020. “I got into [mining] according to t
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Can Donald Trump’s corollary to James Monroe and Teddy Roosevelt’s Latin American policies counter China’s more patient and better-funded approach across the region?
The turmoil in the Middle East has already put Beijing’s forecasts for 2026 in doubt, while the latest Five Year Plan offers no fresh thinking on the country’s top challenges.
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