State of the World from NPR How did a Major Chinese Investment in Afghanistan Collapse?
Aug 28, 2025
The podcast dives into the unraveling of a major Chinese investment in Afghanistan following the U.S. withdrawal. It highlights the challenges faced by foreign investors in a volatile environment dominated by the Taliban. Tensions escalate as the Afghan government cuts the contract, leaving a Chinese firm stranded. The situation turns critical when workers are reportedly taken hostage, showcasing the precarious dynamics between China and the Taliban.
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Oil-Field Opening Then Forceful Takeover
- Chinese engineers and Taliban officials publicly switched on oil wells after a 25-year deal was signed in northern Afghanistan.
- Company employees say the Taliban later seized fields and detained Chinese staff, confiscating passports and equipment.
Dispute Over Who Broke The Deal
- Afghanistan's Ministry canceled the contract citing missed investments and late royalties.
- The Chinese firm disputes this and says officials demanded voluntary termination and left behind equipment and bank funds.
Alleged Private Ultimatum From Officials
- The Chinese side says Afghan officials offered a private deal to voluntarily terminate the contract.
- Officials allegedly demanded equipment, bank funds, and a written pledge in exchange for returning passports.