China to boost aid to Africa as ties blossom

China to boost aid to Africa as ties blossom

SHARM EL-SHEIKH, Egypt (Reuters) - Chinese Premier Wen Jiabao offered Africa $10 billion in concessional loans over the next three years on Sunday, saying China was a "true and trusted friend" of the continent and its people.

The aid offer is double that unveiled by President Hu Jintao at the last summit in Beijing in 2006, as China aims to boost a relationship which politically goes back decades and is now economically booming -- to the discomfort of some in the West.

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