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China sees vast opportunity in Africa. Since 2001 total trade has grown tenfold - last year it stood at $107bn (£63.7bn). Full Article at BBC News
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I n the latest dramatic boost to its African expansion, China is pledging $10-billion (U.S.) in preferential loans to Africa, along with 100 clean-energy projects and lower customs duties on up to 95 per cent of African exports. Full Article at Globe and Mail
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TANEJA: It certainly does, and this is double the amount that China promised about three years ago when they hosted this similar meeting in Beijing. Full Article at Radio Australia
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Nov. 9 (Bloomberg) -- China promised $10 billion in cheap loans to Africa, pledged to cut customs duties and distributed a newspaper with photos of Chinese leaders among beaming Africans, as part of an effort to fight claims it is exploiting... Full Article at Bloomberg.com
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As the Chinese Prime Minister, Wen Jiabao, meets African leaders at the Forum on China-Africa Cooperation in Sharm el-Sheikh today he will look back with some satisfaction on what has happened since the great meeting in Beijing three years ago when 4... Full Article at Times Online
Related Quotes
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are a response to requests by the African people to improve their livelihood ... The two agreements represent ... a comprehensive plan for a new stage of Chinese-African cooperation.
– Yang Jiechi SOURCE: Monterey County Herald -
Whatever change may take place in the world ... our policy of supporting Africa's economic and social development will not change
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symbolizes the renewal of China-Africa relations ... China will continue to pursue the agenda of friendship, peace, co-operation and development with African countries by advancing bilateral trade and economic co-operation ... on the basis of mutual benefits.
– Chen Deming (politician) SOURCE: Globe and Mail -
China has come to Africa to plunder its resources and practice neocolonialism. This allegation, in my view, is totally untenable
