China now controls more than 80% of cobalt and more than 70% of copper, would employ at least 60,000 Congolese according to the USMCC. But jobs that a large majority of Congolese consider precarious, because only offering short-term contracts, often even daily ones, to native Congolese, unlike Chinese workers who enjoy indefinite contracts and especially the advantages linked to expatriate workers, who often not even possessing more expertise and diplomas than some Congolese workers.
After the direct reaction of the Chinese ambassador in DR Congo, Zhu Jing to defend the consortium of Chinese companies in the joint venture SICOMINES, strangely since this Sino-Congolese contract does not commit and has never committed the government of the republic popular in China.
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Held
