China’s $10 Billion Promise to Africa

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Daniel Williams and Mahmoud Kassem of Bloomberg.com reports in an article dated November 9, 2009, that, “China promised $10 billion in cheap loans to Africa, pledged to cut customs duties and distributed a newspaper with photos of Chinese leaders among beaming Africans, as part of an effort to fight claims it is exploiting the continent’s minerals.”

To read more, please see “China Gives Africa $10 Billion as It Fights Exploitation Charge.”

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