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/ 5 October 2007

DRC’s sun rises in the East

China’s recent announcement of a $5-billion loan to the Democratic Republic of Congo to develop national infrastructure and mining interests seems to have taken the world by surprise. International mining companies and institutions such as the World Bank, International Monetary Fund and African Development Bank have been scrambling to find out more details of the Chinese deal that might have severe repercussions on their own activities in the country.

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