China to Double Aid to Africa

By Prensa Latina,

Beijing : The Chinese government will double development aid to African countries, following the visit of President Hu Jintao to this region next week, official sources report Saturday.


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The Asian nation has a policy that encourages the imports of products from 31 African countries by reducing tax rates. China has canceled the poorest countries’ debts, with the purpose of helping them recover their economy.

China Assistant Foreign Minister Zhai Jun says the authorities of his country are still working on details.

China will present a group of measures to help protect these countries from the world financial crisis, the official stated.

President Hu will officially visit Saudi Arabia, Mali, Senegal, Tanzania and Mauricio on Feb. 10-17.

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