Nov
24There are Many Many Ways Besides War To Gain Access To Oil Giants Aren’t There?
Filed Under (China) by admin on 24-11-2007
Tagged Under : African Professionals, African Students, Agriculture Experts, Associated Press, Beijing China, Billions Of Dollars, Chinese Investment, Dozens, Economic Ties, Export Credits, Hospitals, Hu Jintao, Joe Mcdonald, Malaria, Oil Giants, Opening Ceremony, Poorest Continent, President Hu Jintao, Scholarships, Youth Volunteers
rarefind asked:
China pledges Billions to Africa By JOE McDONALD, Associated Press Writer
Sat Nov 4, 4:42 PM ET
BEIJING - China launched a sweeping effort Saturday to expand its access to Africa’s oil and markets, pledging billions of dollars in aid and loans as dozens of leaders from the world’s poorest
continent opened a conference aimed at building economic ties.
President Hu Jintao pledged to double China’s aid to Africa from its 2006 level by 2009. Speaking at the conference’s opening ceremony, he promised $3 billion in loans, $2 billion in export credits and a $5 billion fund to encourage Chinese investment in Africa
China will train 15,000 African professionals, build schools, hospitals and anti-malaria clinics, send agriculture experts and youth volunteers to Africa and build a new conference center for the African Union, Hu said.
He said China would double the number of scholarships given to African students to 4,000 by 2009.
China pledges Billions to Africa By JOE McDONALD, Associated Press Writer
Sat Nov 4, 4:42 PM ET
BEIJING - China launched a sweeping effort Saturday to expand its access to Africa’s oil and markets, pledging billions of dollars in aid and loans as dozens of leaders from the world’s poorest
continent opened a conference aimed at building economic ties.
President Hu Jintao pledged to double China’s aid to Africa from its 2006 level by 2009. Speaking at the conference’s opening ceremony, he promised $3 billion in loans, $2 billion in export credits and a $5 billion fund to encourage Chinese investment in Africa
China will train 15,000 African professionals, build schools, hospitals and anti-malaria clinics, send agriculture experts and youth volunteers to Africa and build a new conference center for the African Union, Hu said.
He said China would double the number of scholarships given to African students to 4,000 by 2009.
Nigeria is the only nation that has any production going on at all.. The rest they are wasting their time/money if they want oil.