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China’s ‘unconditional foreign aid’ for African countries is a big myth
From left: China’s first lady Peng Liyuan, Tanzania’s first lady Salma Kikwete, Chinese president Xi Jinping, and Tanzanian president Jakaya Kikwete being entertained at Julius Nyerere International airport in Dar es Salaam on March 24, 2013. AFP
The President of China, Xi Jinping, has promised Africa $20 billion in financial assistance with no strings attached. If you can believe that, you might as well believe that there are no labour violations in China and that China does not manipulate its currency.
There is no unconditional foreign aid. (By the way, what is often called aid is actually a low-interest loan.)
