Saturday, September 27, 2014

Sam Pa, China’s Mysterious Middleman in Africa A China in Africa Podcast

ERIC OLANDER, COBUS VAN STADEN, TOM BURGIS
 
 
Publicly, China’s engagement in Africa is purportedly based on “mutual benefit” or, as Chinese officials like to phrase it “win win.” Behind the scenes, though, it’s a little more complicated. Many of those multibillion-dollar natural resource-for-infrastructure deals have been arranged by mysterious middlemen like Sam Pa and his Hong Kong-based Queensway Group. These go-betweens, according to reporting from the Financial TimesTom Burgis, often do not live up to Beijing’s lofty ideals, as the overwhelming majority of African people see little from the fruits of these deals while politicians, brokers, and other elites pocket millions in profits.
 

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