Chinese Foreign Minister Wang Yi has hit back against claims that China is increasing the debt burden of African countries.
Wang dismissed the allegation as false at a press conference Sunday in Luanda, Angola, as reported by China's state-run news agency Xinhua.
China's financing is a response to African countries' own requirements for development and is welcomed by them, Wang said, adding that China did not attach political expectations to this.
Wang is currently on a multi-country visit to Africa, which began in Rwanda on Saturday. Wang then traveled to Angola, and is due in Gabon and Sao Tome and Principe later this week. He made his comments on financing at a press conference alongside Angolan Foreign Minister Manuel Domingos Augusto.
Wang referenced China's own past when its economy was controlled by foreign powers, adding that Chinese foreign investment was based on mutual benefit, according to the news agency. He also said that the current debt status of some African countries was due to debt building up over a long time period.