Addressing the media ahead of the Forum on China Africa Co-operation (Focac), Chinese charge d’affairs in Zimbabwe, Zhao Baogang denied allegations that his country was exploiting Africa. Zhao said that the relationship between Africa and China was mutually beneficial. Said Zhao,
Sometimes I also see such kind of allegations, that we are exploiting Africa. But when we see the co-operation between China and African countries, we always adopt our principles of sincerity, practical results and affinity and just real results and good faith. China promised $60 billion in loans to African countries. Since then, in the past three years, almost 90% of the loans have been disbursed or have been decided on those projects.
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