South Africa president says Chinese aid is not 'new colonialism' | Inquirer ºÚÁÏÉç

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South Africa president says Chinese aid is not ‘new colonialism’

/ 07:16 PM September 03, 2018

South Africa’s President Cyril Ramaphosa speaks during the high-level dialogue between Chinese and African leaders and business and industry representatives ahead of the 6th Forum of China-Africa Cooperation at the Beijing National Convention Centre in Beijing on September 3, 2018. / AFP PHOTO / POOL / Lintao Zhang

BEIJING – South African President Cyril Ramaphosa on Monday delivered a stinging rebuttal to criticism of China’s development aid in Africa, following a pledge by Chinese President Xi Jinping to invest $60 billion in the continent.

Speaking at a summit on China-Africa cooperation, Ramaphosa said the meeting “refutes the view that a new colonialism is taking hold in Africa, as our detractors would have us believe.” /kga

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TAGS: Africa, China, Diplomacy, Economy, ºÚÁÏÉç, Trade, world, world news, Xi Jinping

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