Source: China Daily

By He Wenping, researcher, Institute for West Asian and African Studies, Chinese Academy of Social Sciences

Africa's development has once again become a hot topic on the eve of the G8 Summit.

Some Western media and politicians are pointing their fingers at China on the issue of providing aid and loans to Africa.

German Finance Minister Peer Steinbrueck said at the G8 finance ministers' meeting, convened earlier this month to set the tone for the summit, that China's aid to Africa impacts Western creditor nations' efforts to reduce African nations' debts and could trigger a new round of debt crisis.

Careful study of the issue, however, does not support their conclusion.

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Posted by pichu at June 6, 2007 05:35 PM