Why China suddenly is a question? Of course, there has been the concern that they may not be giving loans that are concessional, and the danger is that these countries might go back into the debt, some of the countries that they have been forgiven their debts. This I found to be a valid point, maybe not with Tanzania, because we don’t have much in terms of this huge Chinese development assistance.
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On China's loans to Africa.Jakaya Kikwete
» Jakaya Kikwete - all quotes »
I don’t think they (the Chinese) have better friends in Africa than us. But when we compare to how much money we get, if we succeed, if the MCA is funded by the US Congress for Tanzania, it’s going to be $700 Million. It’s going to be huge, it may be a total of all the Chinese have been giving us all these years.
Jakaya Kikwete
It is apparently futile only to insist that the more backward countries restrict their birth rates. What is needed most of all is economic and technical assistance to these countries. This assistance must be of such scale and generosity that it is unlikely before the estrangement in the world and the egotistical, narrow-minded approach to relations between nations and races are eliminated.
Andrei Sakharov
China has established friendship with many African countries, and is opening itself up to Africa and providing assistance. It is cooperating with African countries on an equal basis and has no desire to colonize Africa.
Wen Jiabao
Reckless people have deluded themselves that this was a subprime crisis. But we have problems with credit-card debt, student-loan debt, auto loans, commercial real estate loans, home-equity loans, corporate debt and loans that financed leveraged buyouts... We have a subprime financial system, not a subprime mortgage market.
Nouriel Roubini
The question will be asked and ought to be looked at, what is to be the resource if loans cannot be obtained? There is but one, "Carthago delenda est." Bank paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs. It is the only fund on which they can rely for loans; it is the only resource which can never fail them, and it is an abundant one for every necessary purpose. Treasury bills, bottomed on taxes, bearing or not bearing interest, as may be found necessary, thrown into circulation will take the place of so much gold and silver, which last, when crowded, will find an efflux into other countries, and thus keep the quantum of medium at its salutary level. Let banks continue if they please, but let them discount for cash alone or for treasury notes.
Thomas Jefferson
Kikwete, Jakaya
Kilbey, Steve
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