China’s Financial Commitments in Africa Are Far Higher Than Previous Estimates

China has committed $75bn (£48bn) on aid and development projects in Africa in the past decade, according to research which reveals the scale of what some have called Beijing’s escalating soft powercharm offensive” to secure political and economic clout on the continent.

The Chinese government releases very little information on its foreign aid activities, which remain state secrets. In one of the most ambitious attempts to date to chip away at this secrecy, US researchers have launched the largest public database of Chinese development finance in Africa, detailing almost 1,700 projects in 50 countries between 2000 and 2011.

Read Here – The Guardian

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