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Chinese President Hu Jintao has pledged $20 billion in new loans to African governments over the next three years, expanding an already rapidly growing China-Africa relationship and giving Beijing even more access to the resource-rich continent.
True however if the political system was ideal and not strong enough to oppose the aiding country. Most of the African countries just like many developed/semi-developed countries are just as corrupt. Do you think all the 20 billion is going to make it to the needy? On a side note, it is easier to fund the political groups to meet the objectives rather than directly funding programs that might benefit the locals. Moreoever the local syndicates will ensure that any foreign funding goes through their proper channels and possibly 'filter' out their cut. China is obviously after the resources and so are some of the BRICS countries. Surely South Africa is also a member of BRICS. Another drive to the African Continent is the Oil resources required for the immediate need by China & India. Africa is the focus for now from the BRICS side with China playing the banker
Originally posted by tothetenthpower
You should be funding programs that create food and distrubtion lines to famined areas, hospitals and schools and provide funding for education etc..