Xi Jinping decided to enclose to Africa $60 billion without "political self-interest"

@azh.kz_ru_news
Show original
Xi Jinping with the president Botswana Ian Kkhama. Photo:



the Chinese leader Xi Jinping promised Ju Peng/Global Look Press

Africa in $60 billion, having refused to raise thus from a number of the poorest countries of the continent loan debt and are long on the intergovernmental interest-free credits which to them gave out China, daily business newspaper "RBK daily" reports . The head of state declared it, speaking at the opening ceremony of a two-day Forum of cooperation China and Africa in Beijing, the newspaper of American daily business newspaper "The Wall Street Journal" (American daily business newspaper "The Wall Street Journal") transfers.

of the Power China on this action Xi Jinping, according to the edition, presented as worthy trust of force which work with the African countries in the field of economic developments, poverty reduction and fight against threats regional security. China as the head of state assured of a course of the performance, "investing in Africa, does not pursue the mercenary political interests". "Are most qualified to judge, whether the Chinese-African cooperation is good or not, Chinese and Africans" — Xi Jinping concluded.

to the Critic of the actions of that the Chinese investments can aggravate approaching African debt crisis, the chairman China as specifies American daily business newspaper "The Wall Street Journal", rejected.

Investments of $60 billion will be allocated with China to the countries of Africa within three next years. The similar financial help Xi Jinping as reminds the edition, promised to render to the African leaders at the previous summit of cooperation in 2015. Investments, by data American daily business newspaper "The Wall Street Journal", in particular, will include $35 billion grants, loans and credit lines. $10 billion more will go for creation of the Chinese-African fund of crediting of projects of development, $5 billion — allocated for stimulation import trades Africa. The remained $10 billion as believe in Beijing, invest the Chinese companies in Africa. In addition, in the next three years China are going to help the African financial institutions to issue in China bonds, Xi Jinping added.

Source: daily business newspaper "RBK daily"

Analysis
×
Xi Jinping
Last position: Chairman of People's Republic of China (Chairman of the People's Republic of China)
134
Ian Kkhama
Last position: President of Botswana