Sep 18, 2014
Publicly China's engagement in Africa is 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 FT's Tom Burgis, often do not live up to Beijing's lofty ideals as common Africans see little from the fruits of these deals while politicians, brokers and other elites pocket millions in profits.