Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who started this subject	12/18/2003 1:34:02 PM
From: Condor	Read Replies (1) of 74559

China Cancels Africa's Debts Cameroon Tribune (Yaoundé) December 17, 2003 Posted to the web December 17, 2003 Peter Efande Beijing has fulfilled its commitment by cancelling 31 African countries' debts totalling US $1.27 billion. During the second China-Africa trade summit held this week in Ethiopia, China said it would provide enhanced support for Africa, without any political discrimination. Both African and Chinese delegates agreed that there was vast potential for growth in trade between China and Africa, and that this was vital for Africa's development. Chinese and African leaders vowed to build stronger political and economic ties to counter western dominance in world affairs and improve the standing of poor countries. allafrica.com Thanks for this find Yiwu......

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