ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Asia

Chinese funding in Africa raises concerns of ability of nations to 'pay back' Beijing

Beijing [China], May 24 (ANI): As China is funding and building a growing number of government and parliament buildings, police headquarters and more in Africa to cement its relations across the continent, concerns have been raised over the potential of African nations to 'pay back' Beijing.

ANI May 24, 2021 23:39 IST googleads

Representative Image

Beijing [China], May 24 (ANI): As China is funding and building a growing number of government and parliament buildings, police headquarters and more in Africa to cement its relations across the continent, concerns have been raised over the potential of African nations to 'pay back' Beijing.
According to South China Morning Post (SCMP), China is funding a building to house Kenya's foreign ministry after a similar promise to the Democratic Republic of Congo in January this year. The country is funding similar buildings in Zimbabwe, Zambia and Ethiopia, the latter of which generated protest from the United States.
There were also accusations that Beijing bugged the USD 200 million African Union (AU) headquarters in Addis Ababa that opened in 2012, funded and built by China, which have been denied by the communist nation.
SCMP, citing French media, reported that in 2018, anonymous AU sources said that data had been transferred nightly from computers in the building to Chinese servers for five years and hidden microphones had also been found.
As such proceedings continue, concern has emerged over how African nations would 'pay back' China.
David Shinn, a professor at George Washington University's Elliott School of International Affairs, said the facilities were being built by China under contract, while some were provided for free as 'gifts'.
When such buildings were provided for free it inevitably created a conflict of interest and it also raised questions about the potential for the facilities being bugged, Shinn opined.
"Any sensitive structure, like a presidential palace or foreign ministry, built by any foreign government raises questions of listening devices," he said.

Despite accusations of debt-trap diplomacy by Beijing, Chinese companies are winning a majority of mega projects in Africa and account for a large chunk of the revenue of all the major international contractors in the continent.
The International Monetary Fund (IMF) persistently warns African and other third-world countries that mounting debts to China are dangerous. It stresses that Chinese creditors create some instability or vulnerabilities.
Economists have been urging African governments to ensure that they read the small print of the "conditionalities" defined by the Chinese. In their views, it would avoid Beijing lay claim to some of their assets, as they are doing in Madagascar, Kenya, Zambia and Zimbabwe. (ANI)

Get the App

What to Read Next

Asia

China’s expanding system of censorship exposed in Dharamshala

China’s expanding system of censorship exposed in Dharamshala

The event titled "Understanding China's System of Political Repression: Voices of Resistance through Art and Journalism" brought together prominent voices critical of China's information control, as reported by Phayul.

Read More
Asia

Bangladesh Parliament elects new Speaker, Deputy Speaker

Bangladesh Parliament elects new Speaker, Deputy Speaker

Bangladesh's 13th Parliament unanimously elected veteran BNP leader Hafizuddin Ahmed as Speaker and Barrister Kayser Kamal as Deputy Speaker. Following the BNP's recent election victory, the two leaders were sworn in by President Shahabuddin in a ceremony attended by Prime Minister Tarique Rahman, marking the new legislative journey.

Read More
Asia

Tibetan Women’s Association organises protest against China

Tibetan Women’s Association organises protest against China

It's an event to remember the day when Tibetan women from all three provinces of Tibet, for the first time in the history of Tibet, stood together and raised their voice against the brutal Chinese military forces that were occupying Tibet in 1959.

Read More
Asia

India’s Consul General meets Ant Group to boost tech ties

India’s Consul General meets Ant Group to boost tech ties

India's Consul General in Shanghai, Pratik Mathur, met Ant Group leadership to discuss fintech and digital economy opportunities. This follows high-level engagements with Shanghai's Mayor, aligned with Prime Minister Narendra Modi's "Reform, Perform and Transform" mantra to strengthen bilateral and multilateral cooperation through the SCO and BRICS.

Read More
US

UNSC adopts resolution condemning Iran’s “egregious attacks”

UNSC adopts resolution condemning Iran’s “egregious attacks”

The UN Security Council has adopted a resolution condemning Iran's "egregious attacks" against regional neighbours, demanding an immediate halt to hostilities and interference with maritime trade. While 13 members voted in favour, Russia and China abstained, with Tehran dismissing the move as a "manifest injustice" and a "serious setback."

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.