国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Editorials

Japan's debt trap claims ring hollow: China Daily editorial

chinadaily.com.cn | Updated: 2019-09-02 20:02
Share
Share - WeChat
Japan's Prime Minister Shinzo Abe speaks to media at his official residence in Tokyo, Japan, August 23, 2019. [Photo/Agencies]

In a thinly-veiled criticism of China's Belt and Road Initiative on Friday, Japanese Prime Minister Shinzo Abe accused China of burdening African countries with "excessive" debt. An accusation that the United States habitually airs in an attempt to smear the initiative and hinder China's cooperation with other developing countries.

Japan held a three-day conference on African development last week, aiming to boost its ties with African countries, and Abe seized the opportunity to warn African countries of the debt issue, alleging that "if partner countries are deeply in debt, it interferes with everyone's efforts to enter the market".

Abe's remarks were widely perceived as being critical of China's cooperation with Africa under the Belt and Road Initiative. By doing so, the Japanese leader totally disregarded previous clarifications from leaders of African countries denying the so-called debt trap.

Abe also seems to have forgotten, that Western countries and major international institutions lend more money to African nations than China does. Statistics show Africa owed some 36 percent of its total external debt to the International Monetary Fund and the World Bank in 2018.

Meanwhile, China's loans to the continent only comprise a small fraction of Africa's total debt. According to a study by the China Africa Research Initiative at Johns Hopkins University, it accounted for merely 1.8 percent from 2000 to 2016.

On Friday, in response to Abe's rhetoric, African Development Bank President Akinwumi Adesina brushed aside the claim that China is aggregating Africa's debts. Adesina, instead, urged Japan and China not to compete, but instead play "complementary roles" in meeting Africa's huge demand for infrastructure.

Indeed, there are bright prospects for international partners to join hands with each other in improving the outdated infrastructure in the African continent. According to Adesina, Africa today has a financing gap of $68 billion to $108 billion a year for power, ports, rail, and airports.

Abe's stance, however, is not conducive to cultivating a harmonious atmosphere for cooperation over Africa.

Western countries, Japan included, should discard the mentality of viewing China's cooperation with African countries as a zero-sum game. There is ample scope for them to work together in helping Africa develop.

Abe should adhere to the consensus reached in his meeting with President Xi Jinping ahead of the G20 Summit in Osaka, in which he viewed the Belt and Road Initiative as a promising way to link diverse regions and said Japan was willing to work with China to achieve solid results in third-party market cooperation.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
蒙阴县| 达尔| 班戈县| 白玉县| 桦甸市| 洛南县| 青阳县| 仲巴县| 勃利县| 渭源县| 海宁市| 汉中市| 珲春市| 梓潼县| 科技| 上栗县| 绥江县| 左云县| 云梦县| 崇信县| 西丰县| 弋阳县| 海口市| 类乌齐县| 霍林郭勒市| 莎车县| 武川县| 乐清市| 全南县| 南雄市| 琼海市| 贺州市| 奉节县| 道孚县| 龙里县| 安宁市| 独山县| 玉林市| 巴塘县| 忻城县| 河源市|