Monday, February 16, 2009

Hu grants aid to Tanzania


Hu grants aid to Tanzania
2009-02-16 HKT 00:08

President Hu Jintao has granted 150-million-yuan in aid to Tanzania as he continues his tour of Africa. Tanzania is one of the largest African recipients of Chinese aid and bilateral trade rose by nearly 50 percent in 2007. "The traditional friendship between China and Tanzania ... can be viewed as an exemplary relationship of sincerity, solidarity and cooperation between China and an African country, and for that matter between two developing countries," Mr Hu said. Mr Hu has visited Mali and Senegal and will end his tour in Mauritius. China's trade with Africa has boomed in recent years but has stalled recently. Analysts say China wants to show that it is not only interested in Africa because of its oil and mineral wealth.

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