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China is often accused of being an "imperialist" state, due primarily to its investments in [[Africa]], as part of the Belt and Road Initiative. These critics ignore the actual views of the African people themselves, who overwhelmingly approve of China's role in their economic development.<ref>{{Web citation|title=Africans approve of China, says Afrobarometer|publisher=Deutsche Welle|date=2016|url=https://www.dw.com/en/africans-approve-of-china-says-afrobarometer/a-36214106}}</ref> In addition, the extent of Chinese involvement in Africa is smaller than often believed; according to a 2019 paper from the Center for Economic Policy Research, "China’s influence in Africa is much smaller than is generally believed, though its engagement on the continent is increasing. Chinese investment in Africa, while less extensive than often assumed, has the potential to generate jobs and development on the continent."<ref>{{Citation|title=Chinese investment in Africa: How much do we know?|author=Deborah Brautigam, Xinshen Diao, Margaret McMillan, Jed Silver|publisher=Private Enterprise Development in Low Income Countries|title-url=https://pedl.cepr.org/publications/chinese-investment-africa-how-much-do-we-know-0|series=Policy Insight Series|pdf=https://pedl.cepr.org/sites/default/files/PEDL%20Policy%20Insights%20Series%20-%20No.3_0.pdf}}</ref>
China is often accused of being an "imperialist" state, due primarily to its investments in [[Africa]], as part of the Belt and Road Initiative. These critics ignore the actual views of the African people themselves, who overwhelmingly approve of China's role in their economic development.<ref>{{Web citation|title=Africans approve of China, says Afrobarometer|publisher=Deutsche Welle|date=2016|url=https://www.dw.com/en/africans-approve-of-china-says-afrobarometer/a-36214106}}</ref> In addition, the extent of Chinese involvement in Africa is smaller than often believed; according to a 2019 paper from the Center for Economic Policy Research, "China’s influence in Africa is much smaller than is generally believed, though its engagement on the continent is increasing. Chinese investment in Africa, while less extensive than often assumed, has the potential to generate jobs and development on the continent."<ref>{{Citation|title=Chinese investment in Africa: How much do we know?|author=Deborah Brautigam, Xinshen Diao, Margaret McMillan, Jed Silver|publisher=Private Enterprise Development in Low Income Countries|title-url=https://pedl.cepr.org/publications/chinese-investment-africa-how-much-do-we-know-0|series=Policy Insight Series|pdf=https://pedl.cepr.org/sites/default/files/PEDL%20Policy%20Insights%20Series%20-%20No.3_0.pdf}}</ref>


It is also noted that in a 2005 presentation to the Congressional U.S.-China Commission, U.S. State Department official Princeton Lyman assessed how China’s model of socialist state loans don’t serve the function of profit, stating that:<blockquote>China utilizes a variety of instruments to advance its interest in ways that western nations can only envy. Most of China’s investments are through state-owned companies, whose individual investments do not have to be profitable if they serve overall Chinese objectives. Thus the representative of China’s state-owned construction company in Ethiopia could reveal that he was instructed by Beijing to bid low on various tenders, without regard for profit. China’s long term objective in Ethiopia is in access to future natural resource investments, not in construction business profits.</blockquote>A 2018 study in the ''Review of Development Finance'' also found that Chinese investment in Africa raises incomes in the African nations that receive the investment, in a similar way to foreign investments by other nations. The author state that these results "suggest that the win-win deal China claims when investing in Africa may hold, and Chinese investment contributes to growth in Africa. Put differently, Chinese investment is mutually beneficial for both China and Africa."<ref>{{Citation|title=On the importance of Chinese investment in Africa.|year=2018|author=Ficawoyi Donou-Adonsou, Sokchea Lim|publisher=Review of Development Finance|doi=10.1016/j.rdf.2018.05.003}}</ref>
A 2018 study in the ''Review of Development Finance'' also found that Chinese investment in Africa raises incomes in the African nations that receive the investment, in a similar way to foreign investments by other nations. The author state that these results "suggest that the win-win deal China claims when investing in Africa may hold, and Chinese investment contributes to growth in Africa. Put differently, Chinese investment is mutually beneficial for both China and Africa."<ref>{{Citation|title=On the importance of Chinese investment in Africa.|year=2018|author=Ficawoyi Donou-Adonsou, Sokchea Lim|publisher=Review of Development Finance|doi=10.1016/j.rdf.2018.05.003}}</ref>
 
Another 2018 study found that in general, that Chinese development projects in general, and Chinese transportation projects in particular, reduce economic inequality within and between regions. These results suggest that Chinese investments in “connective infrastructure” produce positive economic spillovers that flatten the spatial distribution of economic activity. To the extent that China is helping developing countries escape inefficient spatial equilibria in which most economic activity concentrates in a small number of urban centers and gravitates away from rural towns and village. However, that China’s “aid on demand” approach is vulnerable to domestic political manipulation in that government leaders in recipient countries steer Chinese aid to their home and ethnic regions.<ref>[https://docs.aiddata.org/ad4/pdfs/WPS64_Connective_Financing_Chinese_Infrastructure_Projects_and_the_Diffusion_of_Economic_Activity_in_Developing_Countries.pdf '''Connective Financing: Chinese Infrastructure Projects and the Diffusion of Economic Activity in Developing Countries''' By Richard Blum et Al, page 30-31]</ref>
 
And in a 2022 study studying 2009 Chinese trade relations, it found that the exports from Sub-Saharan Africa to the advanced economies exhibit the same pattern, namely, embodying a significant amount of transfer value to the advanced countries. On the other hand, exports from Sub-Saharan Africa to China do not embody significant amounts of transfer value. In other words, Sub-Saharan Africa’s trade with China (in 2009) is fairly equitable.<ref>[https://www.researchgate.net/publication/359145830_Estimating_Unequal_Exchange_Sub-Saharan_Africa_to_China_and_the_World '''Estimating Unequal Exchange: Sub-Saharan Africa to China and the World'''  By Gernot Kohler]</ref>


Despite the Western media accusing China of "debt trap diplomacy," China gives loans at low interest rates and often allows countries to restructure or even never repay loans, unlike the [[Neocolonialism|neocolonial]] [[International Monetary Fund|IMF]].<ref name=":9">{{Web citation|author=Amanda Yee|newspaper=[[Liberation News]]|title=Why Chinese ‘debt trap diplomacy’ is a lie|date=2022-12-19|url=https://www.liberationnews.org/why-chinese-debt-trap-diplomacy-is-a-lie/|archive-url=https://web.archive.org/web/20221220062314/https://www.liberationnews.org/why-chinese-debt-trap-diplomacy-is-a-lie/|archive-date=2022-12-20|retrieved=2022-12-23}}</ref> China has forgiven tens of billions of dollars of debt held by African countries.<ref>{{Web citation|author=Shang Guan Jie Wen|newspaper=China and the New World|title=China Forgives Tens of Billions of Dollars in Debt for Africa|date=2022-02-23|url=https://chinaandthenewworld.wordpress.com/2022/02/23/china-forgives-debt-in-africa-in-massive-amounts/|archive-url=https://web.archiRemove.org/web/20220223061528/https://chinaandthenewworld.wordpress.com/2022/02/23/china-forgives-debt-in-africa-in-massive-amounts/|archive-date=2022-02-23|retrieved=2022-05-10}}</ref> It has also forgiven 23 interest-free loans to 17 different countries.<ref name=":9" />
Despite the Western media accusing China of "debt trap diplomacy," China gives loans at low interest rates and often allows countries to restructure or even never repay loans, unlike the [[Neocolonialism|neocolonial]] [[International Monetary Fund|IMF]].<ref name=":9">{{Web citation|author=Amanda Yee|newspaper=[[Liberation News]]|title=Why Chinese ‘debt trap diplomacy’ is a lie|date=2022-12-19|url=https://www.liberationnews.org/why-chinese-debt-trap-diplomacy-is-a-lie/|archive-url=https://web.archive.org/web/20221220062314/https://www.liberationnews.org/why-chinese-debt-trap-diplomacy-is-a-lie/|archive-date=2022-12-20|retrieved=2022-12-23}}</ref> China has forgiven tens of billions of dollars of debt held by African countries.<ref>{{Web citation|author=Shang Guan Jie Wen|newspaper=China and the New World|title=China Forgives Tens of Billions of Dollars in Debt for Africa|date=2022-02-23|url=https://chinaandthenewworld.wordpress.com/2022/02/23/china-forgives-debt-in-africa-in-massive-amounts/|archive-url=https://web.archiRemove.org/web/20220223061528/https://chinaandthenewworld.wordpress.com/2022/02/23/china-forgives-debt-in-africa-in-massive-amounts/|archive-date=2022-02-23|retrieved=2022-05-10}}</ref> It has also forgiven 23 interest-free loans to 17 different countries.<ref name=":9" />
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