China has recently offered a multibillion dollar package of assistance to African governments. They has also agreed to forgive remaining debt with Africa. This deal will include greater access to oil and minerals, which is important because Africa is very resource rich. The Prime Minister of China reported that this plan "represents a new stage of development in relations with Africa." However, China's clear focus on extracting Africa's resources has many Africans questioning the deal. In addition, reduced trade barriers will bring new Chinese goods into Africa, which might crowd out consumption of locally made goods.
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