China, which pledged this week to offer full assistance to Africa in agriculture and infrastructure, hard on the heels of a decision to extend US$10 billion over the next three years in concessional loans to the continent's countries, has garnered applause for its no-strings-attached foreign aid.
At the Forum on China-Africa Cooperation in the Egyptian resort of Sham el-Sheikh, Beijing's approach was held as an example for development worth emulating by countries around the world.
Brushing off accusations that its investment is denuding Africa of precious natural resources, China has pledged "going all-out" to help African countries overcome poverty and fight new threats like climate change. (more)
No comments:
Post a Comment