» 07/19/2012, 00.00
CHINA - AFRICA
Hu Jintao doubles Chinese credit to Africa
Speaking at the Forum on China-Africa Cooperation, the Communist leader pledges US$ 20 billion in credit. Ostensibly, the aid is to build the local infrastructure and train local workers; in fact, it will enhance China's sway over African natural resources.
06/11/2006 CHInA AFRICA
Pledges and money underpin Sino-African economic and political alliance
New contracts are signed and strategies are laid out as the Chinese giant and the world's poorest continent concluded their summit yesterday in Beijing. In addition to establishing 'neo-colonial' relations, China wants to establish the diplomatic ties with the last five African states that still recognise Taiwan.
08/04/2008 INDIA - AFRICA
The first India-Africa summit has opened
New Delhi wants to increase trade and diplomatic relations with the African continent. It is seeking energy and raw materials in exchange for loans and projects. Experts: to counter the strong Chinese presence, India must propose a different form of collaboration, more respectful of local needs and the rights of the people.
06/11/2009 CHINA – AFRICA
Wen Jiabao in Africa on a trade road map
China’s prime minister, along with the commerce and foreign ministers, are set to open the Forum on China-Africa Co-operation. Chinese direct investments in Africa jumps from US$ 491 in 2003 to US$ 7.8 billion in 2008.
28/04/2006 CHINA AFRICA
China slams Western colonialists but grabs African oil
Beijing comes as Africa's friend, bringing development and peace, but in fact, it seeks raw materials for its own companies.
09/11/2006 SOUTH KOREA AFRICA
From Beijing to Seoul, the long march of Africa's economy
The first Korea-Africa summit opened yesterday bringing together African and South Korean leaders and officials. Seoul announces US$ 100 million in development assistance to African countries. After China, Africa finds a new economic partner.
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