Beijing — Chinese development projects in Africa must be sustainable, the government’s top diplomat told senior African ministers on Tuesday, as he denounced “outside forces” that seek to vilify co-operation by accusing China of creating debt traps.
Beijing has denied engaging in “debt-trap diplomacy” and Xi said in September that government debt from Chinese interest-free loans due by the end of the year would be written off for the poorest African nations. “For some time, however, some outside forces have tried to vilify and undermine China-Africa co-operation by cooking up [accusations of] so-called neo-colonialism and debt traps, which are totally groundless and are not accepted by African people,” Wang said.
Joint projects must be sustainable, Wang said. “We need to take forward project co-operation in such a way as to ensure real economic and social benefits and respect market principles.”
Lol