“We did a study on the Chinese investment in Africa and China, including China in Zimbabwe on what it has brought to the population and the study does not indicate any benefit except that Chinese have brought unfavorable working conditions”.
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Expounding on how to forge such a new type of worldwide relationship, Xi made a five-pronged proposal.
They waved Zimbabwean and Chinese miniature flags in a public display of the friendship and solidarity that exists between the two countries traceable to the pre-independence era when China offered material and moral support to the freedom fighters waging a war against British colonial rule. “This is a win relationship”, says Norupiri.
He also called on big countries to treat small ones as equals and take a right approach to justice and interests by putting justice before interests.
For a country that has been placed under US sanctions for more than a decade, the development of a competitive alternative is much welcomed.
“It’s a good and welcome development that will help balance the world financial system”, he said. China is a major market of ivory and rhino horn poached from African pachyderms.
For years, the consolidation of Sino-African relations has been the cornerstone of China’s diplomacy; never forgetting African brothers reflects the Chinese people’s faith over never forgetting about its past sufferings. From Nigeria in the west to Zambia in the south, currencies have all fallen sharply to the United States dollar. They are Makomo Resources, China Sunlight and also Lusulu.
China has pledged US$100 million (S$141 million) of military aid to the African Union, sent an infantry battalion to support peacekeeping efforts in South Sudan, and deployed frigates to fight piracy off the Somali coast, leading the country to consider building its first overseas naval resupply station in Djibouti.
Moreover, China has also been actively participating in peace-keeping missions in the African countries.
“The Chinese president will make a difference in our trade relations with China in a manner that is sustainable, in a manner that will attract many investors into Zimbabwe”, the minister told Xinhua.
Mr Xi and a large Chinese delegation will fly to South Africa on Wednesday, where he will attend the first China-Africa summit to be held in Africa.
Liu noted that China and its African allies share a common past and destiny, adding that the FOCAC summit will endorse new measures to accelerate socio-economic transformation in Africa.
With mutually beneficial cooperation and mutual respects, significant results have been achieved in recent years. According to Chinese official source, annual bilateral trade between Zimbabwe and China has risen from 500 million US dollars in 2010 to 1.24 billion USA dollars in 2014, with Zimbabwe maintaining trade surplus with since 2011.
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Africa is one of the few continents that are now experiencing continuous economic growth as measured through average Gross Domestic Product of about five percent, the minister said.
