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Author Topic: China's Approach to Africa Encourages Dependency - Says US  (Read 701 times)

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Offline legendguru

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China's Approach to Africa Encourages Dependency - Says US
« on: March 07, 2018, 12:27:06 AM »
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Hours before embarking on a his first official visit to Africa, U.S. Secretary of State Rex Tillerson said the United States is committed to building on a "strong foundation of U.S.-Africa relations" and accused China of "encouraging dependency" in its approach to the continent.

In a speech Tuesday outlining the Trump administration's Africa policy, Tillerson said the United States is "eager" to lower barriers to trade and investment in Africa, whose largest trading partner by far is China.

The secretary of state added the U.S. approach of "incentivizing good governance" contrasts sharply with China, "which encourages dependency, using opaque contracts, predatory loan practices and corrupt deals that mire nations in debt and undercut their sovereignty."

“Chinese investment does have the potential to address Africa's infrastructure gap, but its approach has led to mounting debt and few, if any, jobs in most countries," Tillerson added. "When coupled with the political and fiscal pressure, this endangers Africa's natural resources and its long-term economic, political stability."

Representative Chris Smith, chairman of the House Subcommittee on Africa, Global Health, Global Human Rights, and International Organizations, released a statement that said China's activities and actions on the continent have "propped up kleptocrats and autocrats."



 

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