Mining companies, claims and assets offer hope of wealth to the Zimbabwe government's cronies
The barons of the Zimbabwe African National Union-Patriotic Front are jostling for mineral riches as the power-sharing government struggles to make its mark. They are joined by Chinese companies, many of them backed (until very lately, at least) by deep-pocketed, Chinese government or quasi-state institutions. It is a 'Look-East' policy, designed to spite the West and counter sanctions by the European Union, United States, Australia and New Zealand. Whether it will survive China's slump is quite another question.
End of preview - This article contains approximately 1149 words.