China forgives debt for 17 African nations

Source: https://www.news.com.au/finance/economy/china-forgives-debt-for-17-african-nations/news-story/28ab7f45440142634ff8efd0360b2fec
Published: Aug 23, 2022
Author: Mike Rivero
Post Date: 2022-08-23 10:58:12 by Horse
Views: 457

China will forgive 23 loans for 17 African nations, China’s foreign minister Wang Yi has announced.

“China will waive the 23 interest-free loans for 17 African countries that had matured by the end of 2021,” Mr Wang said at the Forum on China-Africa Cooperation according to a statement.

He pledged that China would continue to actively support and participate in the construction of major infrastructure projects in Africa through financing, investment and assistance.

“We will also continue to increase imports from Africa, support the greater development of Africa’s agricultural and manufacturing sectors, and expand co-operation in emerging industries such as the digital economy, health, green and low-carbon sectors.”

Mr Wang also pledged that China would provide food assistance to the 17 African nations.

Poster Comment:

Did not expect that.

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#1: StraitGate    To: Horse (#0)

financing, investment and assistance

It sounds like China is going to control and eventually own Africa.

StraitGate posted on 2022-08-23 13:01:06   Reply   Private Reply

#2: Esso    To: StraitGate, 4um (#1)

It sounds like China is going to control and eventually own Africa.

That's sure what it looks like to me.

Esso posted on 2022-08-23 13:12:15   Reply   Private Reply

#3: TommyTheMadArtist    To: Horse (#0)

In exchange they will provide jobs for the African people, while they take all those minerals they are going to use against the US. While all our traitor democrat politicians and their families get rich off of “green” energy scams and help the Chinese run America into third world status. All in the name of preventing world war 3.

TommyTheMadArtist posted on 2022-08-23 13:50:13   Reply   Private Reply

#4: Esso    To: TommyTheMadArtist (#3)

Yep.

Esso posted on 2022-08-23 13:52:04   Reply   Private Reply

#5: Horse    To: Esso, StraitGate, Ada, Lod, TommyTheMadArtist (#4)

China is preparing for the May 19, 2023 BRICS meeting to be hosted by China. They want the Global South to agree to the proposal from Sergey Glazyev of the Eurasian Union which is that everyone in BRICS and in the Global South refuse to repay loans denominated in dollars, pounds, euros and yen. This is your last chance to get rid of dollars.

Horse posted on 2022-08-23 19:33:04   Reply   Private Reply

#6: Dakmar    To: StraitGate (#1)

It sounds like China is going to control and eventually own Africa.

At least the Chinks are smart enough to not want to move there in large numbers, so I think they'll be able to dodge the charge of Colonialism which would be cooked up by our moral superiors at places such as the ACLU and MSNBC were any round-eye to attempt to bring prosperity to the darker races.

Dakmar posted on 2022-08-23 19:51:22   Reply   Private Reply

#7: Ada    To: StraitGate (#1)

Business and debt forgiveness will get them further than US military hardware and bribing officials.

Ada posted on 2022-08-23 22:03:54   Reply   Private Reply