Date
24 September 2017
Chinese Vice-President Li Yuanchao (left) and Zambian President Michael Sata (right) exchange gifts during a state visit Thursday. Photo: AFP
Chinese Vice-President Li Yuanchao (left) and Zambian President Michael Sata (right) exchange gifts during a state visit Thursday. Photo: AFP

Temper assistance hopes, China tells Africa

China will do its best to help but Africa could be expecting too much from Asia’s biggest economy, Bloomberg reported Friday, citing vice president Li Yuanchao during a state visit to Zambia.

Li said China is a developing country with low income-per-capita and “our African friends have overestimated China’s capacity and sometimes have too … high expectations for us”, the report said.

China is Africa’s biggest trading partner but lower economic growth and a fall in commodity prices is damping its investment in the continent, the report said.

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