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China will not create debt crises for African nations, vows to alleviate poverty- Envoy

Chinese Consul-General affirms commitment to partnership for poverty reduction at the 18th China-African lecture in Lagos

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The Chinese government has announced its collaboration with African countries to combat poverty on the continent, assuring that it will not contribute to a debt crisis. The Chinese Consul-General in Lagos, Yan Yuqing, made these declarations during the 18th China-African lecture held at the University of Lagos, emphasizing the focus on reducing poverty levels in Africa through meaningful partnerships.

Yan Yuqing stated, “China has never been a creator of the debt crisis of African countries,” highlighting China’s contributions to delaying debt repayment under the G20 framework, where it has played a significant role. The Consul-General underscored China’s commitment to supporting African countries without resorting to sanctions based on contractual agreements.

Addressing the theme of the lecture, “Chinese Modernisation and the Development of Africa,” Yuqing expressed enthusiasm about deepening Nigeria-China bilateral relations. The envoy highlighted successful collaborations in infrastructure, trade and investment, education, and culture as crucial aspects of the relationship.

The Dean of the Faculty of Social Sciences, Prof. Adelaja Odukoya, praised China’s unique approach to socialism, emphasizing Chinese essentialism and its transformative impact on society. He contrasted China’s socialist trajectory with the historical development of capitalist societies, asserting the efficacy of socialism in fostering economic growth and development.

Prof. Akanbi Ilupeju, the Dean of the Faculty of Arts, emphasized the significance of the meeting for cross-disciplinary idea exchange and the potential for student programs in China. The gathering aimed to explore collaborative possibilities in sciences, social sciences, and humanities for mutual benefit and educational exchange.

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