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China as a mo Seth naim writing in the New York times points out, is a "rogue donors"? I don't think so. The rise of China in Africa is some reason to worry, but it is not necessary to cause that will aid in China and participate in condemned as unstable factors, think they are harmful to governance, won't help people out of poverty in Africa to panic and fear. Many of China's aid to participate in panic and fear are all established on the basis of false information, and the warning is not in accordance with the facts.
China's aid is not huge, traditional donors to provide more assistance to Africa. Some media or other researchers published "aid" amount seriously misleading the public. Ap in 2008, for example, said in a report, China's prime minister, said aid project since the beginning, since China into Africa provides more than $440 in aid, in fact, China's prime minister said the RMB 44 billion ($5.7 billion). The Christian science monitor says China's aid to Africa in 2006 for "three times as rich countries all development aid". This is totally wrong. According to my statistics, although China from 2006 to 2006 of unofficial aid is growing rapidly, reaching more than doubled, but the amount is not big, the proportion is relatively small. From China in 2008, including debt relief, Africa has won about 1.2 billion dollars in official development aid, by contrast, the United States in 2008, the amount of official development assistance to Africa to $7.2 billion.
China's export credit is far greater than aid, but not as much as people usually think. China adopted in countries such as Angola and Congo's new approach is based on learned from Japan's system, mass application of credit, the credit on the basis of competitive market rates, with China's machinery, equipment, and construction services, to repay with oil or other resources. This is the essence of the "win-win". The credit is not without risk. Debt sustainability is a problem, as the global financial crisis swept across Africa, people also increased the focus on this aspect. However, badly needed infrastructure in this way for the construction provides a new opportunity. China's Banks can bear is surrounded by a mutual benefit demand of African leaders "constraint mechanism". These protocols can be directly lead minerals development projects. This is to solve the problem in many African countries' natural resource curse "a feasible method.
Go News Center Added by: luohuabin Add time: 2013/2/28 10:43:49 view >>
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