With the comprehensive development of new China-Africa strategic partnership, China's investment in Africa has a rapid growth and it has become a new highlight of China-Africa economic and trade cooperation. By 2011, China's non-direct investment in Africa has reached over 15 billion U.S. dollars and the investment projects spread across 50 African countries, establishing 2,000 Chinese investment enterprises in Africa.
However, U.S. Secretary of State Hillary Clinton made a speech in Senegal of West Africa on August 1, "warning" the leaders of African countries to cooperate with a responsible country. Different with other countries, the United States values a sustainable cooperative relationship and is committed to bring value for Africa, not extracting, Clinton said.
According to the Associated Press, it seems that Clinton implied China's investment is to extract value from Africa. The Voice of America pointed out that Clinton's words showed her anxiety about China's rising influence in Africa on the one hand, and on the other hand, she hoped to make up for the United States' neglect of Africa before and readjust its economic interests in Africa.
China's investment in Africa is based on respecting the will of Africa, listening to the voice of Africa and caring about the concerns of Africa, thus earning the trust of most African countries. China's increasing investment in Africa is the fruit of China-Africa traditional friendship and also the result of objective economic laws.
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