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Chinese Premier Wen Jiabao today offered Africa $10 billion in concessional loans over the next three years, saying China was a "true and trusted friend" of the continent and its people. Full Article at SABC News
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At a two-day China-Africa summit that began yesterday, Wen Jiabao also said China would build 100 new clean energy projects for Africa over the same period as part of an effort to help the continent deal with climate change issues. Full Article at Irish Examiner
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DUBAI: China on Sunday reinforced its credentials as a pro-Third World economic powerhouse by offering billions of dollars of concessional loans to Africa and pledging to contribute significantly to the continent’s skilled human resources... Full Article at The Hindu
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China on Sunday announced eight new measures including $10 billion in concessional loans to African countries and debt waiver to poorest of these nations, a move seen as a part of Communist nation's increasing push into the continent. Full Article at Hindustan Times
Related Quotes
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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 -
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: Times West Virginian -
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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China has come to Africa to plunder its resources and practice neocolonialism. This allegation, in my view, is totally untenable
