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Reuters Alert Net
FACTBOX-China's promises to Africa
Nov 8 (Reuters) - Chinese Premier Wen Jiabao offered Africa $10 billion in concessional loans over the next three years, saying on Sunday that China was a "true and trusted friend" of the continent and its people. Full Article at Reuters Alert Net
Related Articles
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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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"The West is envious of China and Africa drawing closer," popular Chinese tabloid The Global Times told readers this week. Full Article at Al Jazeera
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SHARM EL-SHEIKH, Egypt (Reuters) - Chinese Premier Wen Jiabao offered Africa $10 billion in concessional loans over the next three years on Sunday, saying China was a "true and trusted friend" of the continent and its people. Full Article at ABC News
Related Quotes
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The relationship between Chinese civilisation and Islamic civilisation goes back years ... China is a multi-ethnic and multi-religious country. The basic policy of the Chinese government is to ensure equality among all ethnic groups and speed up the economic development of all regions.
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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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We will help Africa build up financing capacity
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We will help Africa build up its financing capabilities... we will provide 10 billion US dollars for Africa in concessional loans
