China's Xi says no to Africa 'vanity projects' as hosts major summit

Posted September 03, 2018

"We're particularly pleased that President Xi and the government of China is open to this, and in fact encourage trade between Africa and China should be balanced, so that we have a win-win outcome that benefits both". "Resources for our cooperation are not to be spent on any vanity projects, but in places where they count the most", Xi said.

On people-to-people exchanges, Xi said China will set up an institute of African studies and enhance exchanges with Africa on civilization. China will carry out 50 agricultural assistance programs, provide emergency humanitarian food aid amounting to 1 billion yuan (147 million USA dollars) to African countries affected by natural disasters, and send 500 senior agricultural experts to Africa.

Ramaphosa said Africa embraced China's "Betl and Road Initiative", an ambitious plan by China to boost trade and stimulate economic growth across Asia and beyond.

According to a statement issued by the President's spokesman, Femi Adesina, the President will deliver his remarks as the current chair of ECOWAS at the "High-level Dialogue between Chinese and African leaders, business representatives and African entrepreneurs".

Chinese and African leaders will have close interchanges, create stronger strategic guidance for cooperation as well as add new substance to the community considering new circumstances, which will also contribute to the building of a community with shared future for mankind.

State media has accused the West of sour grapes over China's prominent role in Africa and has angrily rejected claims of forcing African countries into a debt trap.

But he added that China and Africa should work towards a more balanced trade relationship.

The Beijing forum brings together leaders from China and more than 50 African countries.

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But critics of re-implementing a law like net neutrality or beginning a new era of digital privacy share similar concerns. FCC Chairman Ajit Pai called net neutrality laws "micromanaging" of the internet, reported NBC back in November.

China has been Africa's top trading partner for nine consecutive years.

The forum on China-Africa cooperation was established in 2000 as a multilateral platform for exchange and cooperation between the Asian giant and African countries.

These African leaders will be treated like kings, fed plenty Chinese curry, alcohol and given all sorts of toys and tokens while the Chinese looks at their begging bowls and how to further suffocate them with debt.

Presidential spokesman, Garba Shehu, has said that Nigeria and China have completed arrangements to sign 328 million dollars agreement on the National Information and Communication Technology Infrastructure Backbone Phase 11 (NICTIB 11).

Take Sri Lanka, which last year had no choice but to grant China a 99-year lease for a Belt and Road Initiative port, after it failed to attract enough business to make its loan payments.

The world's second leading economic powerhouse China is hosting the FOCAC Summit where President Xi is expected to announce new steps in China-Africa ties.

However, Aly-Khan Satchu, an economic analyst based in Nairobi, the Kenyan capital, told Al Jazeera there were "real worries about "debt-trap diplomacy" on the African continent". Once signed, the deal would be the first of its kind between China and an African country.