President Ramaphosa Defends China’s Investment Strategy in Africa

“Our experience is that China seeks to promote a mutually beneficial relationship with countries it engages with on the continent,” said Ramaphosa, responding to concerns about China’s role in Africa.


Devdiscourse News Desk | Pretoria | Updated: 06-09-2024 17:44 IST | Created: 06-09-2024 17:44 IST
President Ramaphosa Defends China’s Investment Strategy in Africa
In a further demonstration of goodwill, President Xi Jinping announced China’s decision to voluntarily expand its market access to African countries. Image Credit: Twitter(@PresidencyZA)
  • Country:
  • South Africa

President Cyril Ramaphosa has expressed confidence that China's investments in Africa are not designed to burden countries with debt but rather to foster mutually beneficial relationships. Speaking in Beijing on Thursday at the conclusion of his State Visit to China, Ramaphosa emphasized that South Africa’s experience with China suggests a partnership based on mutual respect and shared development goals.

“Our experience is that China seeks to promote a mutually beneficial relationship with countries it engages with on the continent,” said Ramaphosa, responding to concerns about China’s role in Africa.

Ramaphosa highlighted Chinese President Xi Jinping’s decision to elevate the relationship between China and Africa to a Comprehensive Strategic Partnership, which he said demonstrates China's genuine interest in advancing the development of African nations. He dismissed any notions of neo-colonialism in China's approach, stressing that it should be viewed as a partnership built on mutual respect and recognition.

“China is much more focused on the development of countries on our continent. We must remember that China has never been a colonial power in Africa. It is a relationship based on good intentions, and we respect that. That is why we, as African countries, are committed to enhancing our relationship with China,” Ramaphosa explained.

He praised the 10 strategic actions proposed by China to strengthen its ties with Africa, which cover key areas such as economic relations, trade, health, security, and energy. These initiatives also emphasize how both regions engage in multilateral institutions, reflecting a balanced partnership aimed at mutual success.

“The African continent found this most meaningful, and it shows that the partnership with China is one of mutual benefit, where we all aim to prosper. It’s not a one-way relationship; it is about improving trade and attracting investments that will uplift our continent,” Ramaphosa noted.

In a further demonstration of goodwill, President Xi Jinping announced China’s decision to voluntarily expand its market access to African countries. Ramaphosa hailed this announcement as a significant step towards deepening economic ties between Africa and China.

“This has been a successful visit to China. We are grateful for the respectful and considerate way in which China conducts its relations with South Africa and the rest of the continent. It’s a model of what good relations between states should look like,” Ramaphosa concluded.

 
 
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