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China lends $20 billion to African nations
Chinese President Hu Jintao's government has limited news coverage of the recent Democratic uprisings pre-emptively halting this revolutionary fever.
Chinese President Hu Jintao's government has limited news coverage of the recent Democratic uprisings pre-emptively halting this revolutionary fever.
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C

hinese President Hu Jintao said Thursday that over the next three years China would lend $20 billion to African governments for infrastructure and agriculture. The announcement signaled that China is "pressing ahead with aid programs in African nations with abundant energy and mineral resources, but with more focus on grass-roots projects." More and more over the past decade, China has invested in the continent, which is a major source of oil, from Sudan and Angola, and copper, from Zambia and the Democratic Republic of Congo. But critics say that China's projects — roads, pipelines, and ports — "have focused on benefiting its own extractive industries, not African people."

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