What does China's $50B package mean for Africa and the West? | Inside Story
What does China's $50B package mean for Africa and the West? | Inside Story
China promises African nations 50-billion dollars in loans and funding at a summit of leaders in Beijing.
It underlines the country’s position as the continent’s number one investor.
What does this investment mean for Africa, China and its western rivals?
Presenter:
James Bays
Guests:
Hannah Ryder, CEO of Development Reimagined, an…
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Reviews
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I’m hopeful for Africa! The fact that Africa has long been one of the richest in resources and the poorest in when it comes livable wages, speaks to the abuse and greed of western countries! Who is left to trust. Why lay in the soiled bed with the colonizers still! Bravo to Africa!
CHINA IS MI WORLD OWNAN ASK YOUR SCIDRER HI SINJINPIN
Why $US? Why not $BRICS 🙂
Africans will learn eventually that the china they eulogize is no different from the western "trading/development partners" they blame for all their woes today. China is "an empire", like it or not. All empires thrive by exploitation in one way or other – intimidation tactics used by west or technology imbalance on the side of china today. Any development support provided by china to African countries comes with a flood of Chinese investors and poor Chinese migrants, many illegal, we cannot compete with by any criteria. All our industries will collapse if we have any at all. Africa must not look to china. We must do what everybody does: isolate your fledgling industries and be serious about culturally relevant education and economic, political and social development.
That's right china let's give them Funds.
Help them out be a good figure for the world.
And help out those hungry kids Too.
Drop some carepackages full of food on their land too??
I mean all those who are in the rural areas In the most poor part of Africa.
Send them some care packages of food.
Reality: ⭐few infrastructures let Africa forget the top contributors and donations to UN, WHO, UNICEF ect. .. The zero tariff will let African precious raw materials be extracted to China on very affordable price and sale these to the world and Africa .. 💰💰💰 China wins 💰💰💰
Africa raw materials and natural resources will be drained by China ⭐ .. Some Politicians will gain a lot .. ⭐
China pays them big money so they will say what China wants them to say.
非洲把中国坑穷了，中国成了丐帮帮主了！
China, 50 Billiton to Afrika
EU, 47 Billiton to Ukraine
Tel me what waste is.
China will protect its largest creditor and trading partner from collapse，look at how China helped the United States in 2008 and how it helps Russia now，China understands that protecting its largest trading partner and creditor means protecting itself.
If Africa countries want China's support, they need to bind it with trade.
Young William Gonzalez Brenda Lopez Michelle
the leading purpose of the questions are so funny, china dont even worried about the usa debt, why worry about the strong growing economy countrys.
Besides people there needs school, needs road and train, the question sgould be, someone else was there for decades why africa friends still need china to help building it
Make friends now legal business at front but illegal business behind. Friendship now invade your own territory later . Bewar of china.. this is propaganda sponsored by china…
MSNBC lies = oppression of us Americans..American sheep.
MUCH BETTER THE DEALING WITH THE IMF, WORLD BANK, EU, EUROPEAN AMERICANS, AND OTHERS WHO ARE LOOTING AFRICA TO THIS VERY DAY…
when @african countries to make A step forward for development; they got a debt which is destroying their dream
Africa will be one whole different continent we use to know, will become a prosperous continent and major trading partner with China, especially in farming industries.
By saying 'modern colonisation' they want to dumb down the effect of actual colonisation. There is a huge difference. One colonisation killed millions of people another is helping.
Almost all African countries participated in this China-Africa summit. Your remark implies that Africans are stupid, which is a typical manifestation of racism.
When China visit we get hospitals and schools and the west when they visit we get lectures and wars.
African poeple are not opposing china projects,We are the African poeple we love China.
Horrible interview.
If the guest says something not on the side of the host, he then stop the guest and jump to a China-accusing topic. This is really AI Jazeera,😄
The West has done nothing good for Africa for decades. Just colonisation, debt, slavery and taking away its resources.
Can any countries, esp the west, do better? Your loans to Africa form 60% while China 20% of African foreign debts. What has your loans done for Africa, how has it put to good use?
That's less than one billion dollars for each country! Do they really think that will make much difference especially as it's spread out over three years.
The presidents from 53 African countries are sitting together sharing cooperation and development assembly in Beijing China . This is exclusive glory events, this is China Power Showcase in African continent.
China is a catalyst to global economic cooperation development growth peace diplomacy. China is a blessing and benefactor to the world. Africa is not dark but darkened by colonisation and poselytisation. Africa must return back to native purity 👍♥️🇨🇳
His English accent while discussing how money is bad for Africa makes me laugh. stfu.
So what happens to citizens of China that May be below poverty line, thinking through all this money that flows into international loans but doesn’t get spent on social benefits. Not to mention Beijing raising retirement age also now
Chinese loans have turned Kenya into an hostage as we have no control over our fish and minerals
US and UK only bring wars where they go
a New Marshall plan? -Great
DID YOU ASK FOR THE TRANSPARENCY FROM WEST WHO HAVE BEEN IN AFRICA FOR HUNDREDS OF YEARS FOOD IS LUXURY FOR CERTAIN PART OF AFRICA
Every nation require repayment at a given interest rate. China charges an absurdly low rate and unlike the west, they don'y overthrow governments while "aiding" them. This broadcast seems to have a bias. Africa produces so little of interest to the rest of the world, of course there is a trade deficite. Too bad Quatar is owned by the US, this could have been a great topic.
China is not colonising Africa. China help Africa grow. The voice that says those things is just speaking western views as those western countries have a plan to make everyone in Africa poor. Prove is seen everywhere. China has built real infrastructure that most African use to this date, unlike western who came to Africa over 100 years back, but all they did and still do is looting, killing Africa as they kill flies as they normally say. China has not done any of those things and doesn't impose its laws on Africa either, the practice common with western countries
Isn't the US also in a trade deficit with China ? Lol
corruption on most both sides of governments
China is not worried, Africa is not concerned. AJ English is worried, bashing around telling lies. Your hypocrisy is unbelievable. Journalists like you are puppets of the west propaganda
There we go with these blind voters, voting Idiots in power. We want our Natural resources to talk the talk of no to hand outs and no to poverty.
Actually its game over for the colonial west and warmonger US that have always acquired western resources for peanuts. China is providing a win win cooperation without internal interferences and lectures.
I believe that China's aid to Africa is not selfless, and China also needs to make money from Africa, but the cooperation between China and African countries is equal. China respects the people and sovereignty of African countries, and China is willing to develop and progress with African countries instead of abusing and colonizing Africa like western countries.
Are we gonna see a new breed of Chiggas?
It means more money for the corrupt government officials in Africa! in exchange for China's support in UN votes to solidify its claim to South China Sea!
Watch out Africa. They are setting a financial traps so colonisation explodes in your country
Why are the west concerned about this its a good hope for Africa to work with China
China is doing what some Western countries failed to do in Africa for decades