“Relationships” in Congo – Corruption allegations against Glencore

Logo Bild: © Glencore – wikimedia

Glencore, the world’s largest commodity corporation, is suspected of corruption in the Democratic Republic of the Congo and is expected to be sued on that basis. A Glencore subsidiary is said to have paid $ 6 million annually since 2013 to a company in the Democratic Republic of the Congo, on a quid pro quo basis.   ... →

Chinas ‘Going Global’ Strategy

Since its WTO accession in 2001, China’s foreign investments have increased, and with this its integration into the global economy, this trend is also called the ‘Going Global’ Strategy. Chinas total non-current assets is estimated at about $4.6 trillion. This makes China a powerful player in the financial world, ahead of the USA and Japan.

The chinese central bank, with a sum of $3.9 trillion is the worlds largest public investor.   ... →