Beijing’s special relationship with Monrovia defies market conditions and is expanding into Guinea and Sierra Leone
The US$2.68 billion agreement signed by China Union's Chief Executive Yin Fuyou and Liberian President Ellen Johnson Sirleaf
on 19 January to restart iron ore production at the old Bong Mines
flies in the face of global economic realities as mining projects
stall and close across Asia and Africa. The mega deal - the largest
in Liberia's history - points to China's long term strategy in
the region, where it is developing a portfolio of mining interests
in Guinea and Sierra Leone....
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