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China Meets Resistance To Oil Deals With Some African Countries

China Meets Resistance To Oil Deals With Some African Countries

From The New York Times

China wants Africa’s oil as much as ever. But instead of accepting the old terms, which many African officials call unconditional surrender, some cash-starved African states are pushing back, showing an assertiveness unthinkable until recently and suggesting that the days of unbridled influence by the African continent’s mega-investor may be waning.

For years, China has found eager partners across the continent, where governments of every ilk have welcomed the nation’s deep pockets and hands-off approach to local politics as an alternative to the West.

Now China’s major state oil companies are being challenged by African governments that have learned decades of hard lessons about heedless resource-grabs by outsiders and are looking anew at the deals they or their predecessors have signed. Where the Chinese companies are seen as gouging, polluting or hogging valuable tracts, African officials have started resisting, often at the risk of angering one of their most important trading partners.

“This is all we’ve got,” said Niger’s oil minister, Foumakoye Gado. “If our natural resources are given away, we’ll never get out of this.”

Below Mr. Gado’s seventh-floor office, reached through a dark stairwell because there is no working elevator, his fellow citizens are living in mud-brick houses without electricity and washing their clothes in the river. Oil production in Niger began nearly two years ago but has yet to make a dent in living standards.

Read more at The New York Times.