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Page last updated at 10:12 GMT, Sunday, 8 November 2009 China has cultivated strong economic ties with Africa China has pledged to give Africa $10bn (£6bn) in concessional loans over the next three years, Chinese Premier Wen Jiabao has said at a summit... Full Article at BBC News
Related Articles
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SHARM EL-SHEIKH, Egypt China's premier says Beijing will provide $10 billion in new loans to African nations over the next three years and has outlined a plan to cancel government debts for some of the poorest of those countries. Full Article at FOX News
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Chinese Premier Wen Jiabao announced the loans while addressing the opening ceremony of the Fourth Ministerial Conference of the Forum on China-Africa Cooperation (FOCAC) in the Egyptian resort of Sharm el-Sheikh, Xinhua reported. Full Article at New Kerala
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SHARM EL-SHEIK, Egypt — China's premier on Sunday pledged $10 billion in concessional loans to African nations over the next three years and said Beijing would cancel the government debts of some of the poorest of those countries, as the Asian... Full Article at Fort Worth Star-Telegram
Related Quotes
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We will help Africa build up financing capacity
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Africa is fully capable of solving its own problems, in an African way ... China has never attached any political strings . . . to assistance to Africa.
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Over the past 60 years, China has achieved phenomenal economic growth and development, purely from its own efforts without having to resort to the colonization and economic plunder of other nations ... Its economic miracle is indeed a source of pride and inspiration to all of us.
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China has come to Africa to plunder its resources and practice neocolonialism. This allegation, in my view, is totally untenable
