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SHARM EL-SHEIK, Egypt (AP) — China's premier on Sunday pledged $10 billion in new low interest loans to African nations over three years, offering the beleaguered continent sorely needed cash while dismissing criticism that Beijing's motives in Africa... Full Article at Deseret News
Related Articles
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SHARM EL-SHEIKH, Egypt: Premier Wen Jiabao announced yesterday that Beijing would double the initial commitment of loans to African nations and phase out most tariffs to expedite trade with the continent's poorer countries. Full Article at People's Daily Online
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SHARM EL-SHEIK, Egypt - China’s premier yesterday pledged $10 billion in new low interest loans to African nations over three years, offering the beleaguered continent sorely needed cash while dismissing criticism that Beijing’s motives in Africa are... Full Article at Boston Globe
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CHINA HAS underlined its role as Africa’s “true and trusted friend” with $10 billion (€6.75 billion) worth of soft loans to African nations over the next three years and plans to cancel debt for some of the poorest countries on the continent. Full Article at Irish Times
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Chinese Premier Wen Jiabao embraces a local chief during a visit to Accra, Ghana, in 2006. Full Article at Guardian Unlimited
Related Quotes
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The Chinese people cherish sincere friendship toward the African people, and China's support to Africa's development is concrete and real
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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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Since its founding nine years ago, FOCAC has played a major role in guiding and promoting the development of China-Africa relations and become a bridge of friendship and a platform of cooperation between China and Africa
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We call upon the international community to have a greater sense of urgency and take more concrete steps to support Africa's development
