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Article: Egypt : China Gives Africa $10 Billion as It Fights Exploitation Charge.
- Article from:
- TendersInfo
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: manish03
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 the continent s minerals.
China s interest in Africa is not what Western reports described, that China went to Africa only for the energy, Premier Wen Jiabao told Chinese reporters Saturday at the Forum on China-Africa Cooperation conference in Sharm el-Sheikh, Egypt, according to the government-owned China Daily newspaper.
Chinese officials have been battling that accusation as their country presses forward ...