The Specter of Global China The Specter of Global China Politics, Labor, and Foreign Investment in Africa Ching Kwan Lee The University of Chicago Press Chicago and London The University of Chicago Press, Chicago 60637 The University of Chicago Press, Ltd., London © 2017 by The University of Chicago All rights reserved. No part of this book may be used or reproduced in any manner whatsoever without written permission, except in the case of brief quotations in critical articles and reviews. For more infor- mation, contact the University of Chicago Press, 1427 E. 60th St., Chicago, IL 60637. Published 2017 Printed in the United States of America 26 25 24 23 22 21 20 19 18 1 2 3 4 5 ISBN- 13: 978- 0- 226- 34066- 1 (cloth) ISBN- 13: 978- 0- 226- 34083- 8 (paper) ISBN- 13: 978- 0- 226- 34097- 5 (e- book) DOI: 10.7208/chicago/9780226340975.001.0001 Library of Congress Cataloging-in-Publication Data Names: Lee, Ching Kwan, author. Title: The specter of global China : politics, labor, and foreign investment in Africa / Ching Kwan Lee. Description: Chicago ; London : The University of Chicago Press, 2017. | Includes bibliographical references and index. Identifiers: lccn 2017029440 | isbn 9780226340661 (cloth : alk. paper) | isbn 9780226340838 (pbk. : alk. paper) | isbn 9780226340975 (e-book) Subjects: lcsh: Investments, Foreign—China. | Investments, Foreign—Zambia. | Capitalism—China. Classification: lcc hg5782.l43 2017 | ddc 332.67/35106894—dc23 lc record availaable at https://lccn.loc.gov/2017029440 ♾ This paper meets the requirements of ANSI/NISO Z39.48–1 992 (Permanence of Paper). For Shen Yuan Contents List of Abbreviations ix Preface xi 1 Unnatural Capital: Chinese State Investment and Its Travails in Africa 1 2 Varieties of Accumulation: Profit Maximization and Beyond 31 3 Labor Bargains: Regimes of Exploitation and Exclusion 57 4 Managerial Ethos: Collective Asceticism versus Individual Careerism 93 5 Contesting Capital: Aspiration and Capacity from Below 123 6 Eventful Global China 152 Appendix: An Ethnographer’s Odyssey: The Mundane and the Sublime of Researching China in Zambia 167 Notes 187 Index 203 Figures follow page 104. Abbreviations 15 MCC: China 15th Metallurgical Construction Group Company ADB: African Development Bank AGM: annual general meeting AGOA: African Growth and Opportunity Act CCP: Chinese Communist Party CCS: Chambishi Copper Smelter CDB: China Development Bank China EXIM Bank: Export- Import Bank of China CNMC: China Nonferrous Metal Mining (Group) Company CNPC: China National Petroleum Corporation CSR: corporate social responsibility EBITA: earnings before interest, taxes, and amortization EPZ: export processing zone EVA: economic value added FDI: foreign direct investment FOCAC: Forum on China– Africa Cooperation GDP: gross domestic product GNP: gross national product GRZ: Government of the Republic of Zambia HIPC: Heavily Indebted Poor Countries debt- relief program IMF: International Monetary Fund JICA: Japan International Cooperation Agency JXI: Jiangxi International K: kwacha (the Zambian currency) KCM: Konkola Copper Mines KPI: key performance indicator MCAWUZ: Mine Contractors and Allied Workers Union of Zambia MCM: Mopani Copper Mines
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