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Austria: Chinese aid causing 'massive increase in debt among African countries' - Juncker
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18.12.2018
European Commission President Jean-Claude Juncker, claimed that Chinese aid "contributes to a massive increase in debt among African countries," while speaking at the High-Level Forum Africa-Europe in Vienna on Tuesday.
"This is not happening in conjunction with Africa and Europe. That is why we are better!" he added with a smile.
Austrian Chancellor Sebastian Kurz was more circumspect commenting that "there's nothing wrong with Chinese investments in Africa" and then emphasising his belief that "healthy competition between African, Chinese and European companies" is good for the African continent.
The forum, hosted by Kurz and Rwandan President Paul Kagame, seeks to bring together European and African leaders to collaborate on economic development, digitalisation, innovation and trade.
"This is not happening in conjunction with Africa and Europe. That is why we are better!" he added with a smile.
Austrian Chancellor Sebastian Kurz was more circumspect commenting that "there's nothing wrong with Chinese investments in Africa" and then emphasising his belief that "healthy competition between African, Chinese and European companies" is good for the African continent.
The forum, hosted by Kurz and Rwandan President Paul Kagame, seeks to bring together European and African leaders to collaborate on economic development, digitalisation, innovation and trade.
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