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2nd Scramble for Africa: China strengthens Africa ties with $20 billion in loans
Reuters – Chinese President Hu Jintao on Thursday offered $20 billion (12.7 billion pounds) in loans to African countries over the next three years, boosting a relationship that has been criticised by the West and given Beijing growing access to the resource-rich continent. Read article
Tags: Afica, Asia, debt wealth, energy resources, politics
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