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US Tillerson says African countries should weigh Chinese loans carefully - 8 Mar 2018 14:59

Reuters

US Secretary of State Rex Tillerson said on Thursday that African countries should weigh Chinese loans carefully, while adding that Washington was not trying to keep Chinese investment away from the continent. Tillerson, a former Exxon chief executive, is seeking to bolster security alliances on a continent increasingly turning to Beijing for aid and trade. The top US diplomat may also seek to smooth relations after U.S. President Trump reportedly dismissed some African nations as “shithole countries” in January. Trump later denied making the comment. “We are not in any way attempting to keep Chinese dollars from Africa,” Tillerson told a news conference in the Ethiopian capital during his first diplomatic trip to the continent. “(But) it is important that African countries carefully consider the terms of those agreements and not forfeit their sovereignty.” Though the United States is the leading donor of humanitarian aid to Africa, China surpassed the U.S. to ...
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