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China and the DRC have significant trade in cobalt, a metal for which China is the world's largest consumer due to its importance in batteries for electric vehicles. [11]: 127 As of at least 2024, the DRC produces more than 70% of the world's cobalt, and most of this production goes to China.
The DRC is highly dependent on aid to fund its health services, of which the World Bank contributes 25%. Some sources attribute the increase in child immunization rates from 5% to 81% to the World Bank's role as the second-largest contributor to health service funding in the DRC. [19]
The Democratic Republic of the Congo is in the grip of a civil war that has drawn in military forces from neighboring states, with Uganda and Rwanda supporting the rebel movements that occupy much of the eastern portion of the state – Tutsi, Hutu, Lendu, Hema and other conflicting ethnic groups, political rebels, and various government forces continue fighting in Great Lakes region ...
Development Research Center (DRC; Chinese: 国务院发展研究中心; pinyin: Guówùyuàn Fāzhǎn Yánjiū Zhōngxīn) of the State Council of China is a public institution responsible for policy research, strategic review and consulting of issues related to the economic and social development on mainland China.
Since then, decades of corruption, war, and political instability have been a severe detriment to further growth, today leaving DRC with a GDP per capita and a HDI rating that rank among the world's lowest and make the DRC one of the most fragile and, according to the United Nations, least developed countries in the world. Despite this, the DRC ...
China 2030: Building a Modern, Harmonious, and Creative High-Income Society is an extensive study of the Economy of China published in 2012 by the World Bank, Washington, D.C., and the Development Research Center of the State Council, People’s Republic of China, Beijing. China 2030 attempts to set forth a possible development path for China ...
The partnership between China and the World Bank began on December 27, 1945, when it joined the organization. After the Communist victory in 1949 in the Chinese Civil War, the Chinese Communist Party proclaimed the People's Republic of China (PRC) on the mainland while the Republic of China (ROC) government retreated to the island of Taiwan, formerly a Japanese colony it acquired in 1945 after ...
A positive move for the DRC and China relations when China decided to write off debts from the DRC and the new partnering for the Belt and Road Initiative, this will encourage further cooperation between the two countries and encourage investment from more Chinese miners, like China Molybdenum, to enter investments into the Congolese copper and ...