Persist For 40 Years! China’s $67 Billion Aid To This African Nation,Got What? #china #african

#china #chinanews #project #african #ghana Ghana is located on the southeast coast of the Gulf of Guinea in West Africa. Among many African countries, Ghana is extremely rich in mineral resources, including a large number of gold mines, bauxite mines, diamonds and oil. Ghana’s gold production accounts for about 6% of the world’s total production, and its bauxite reserves are as high as 1.5 billion tons. Perhaps many people believe that such rich mineral resources are destined to have huge economic development potential in Ghana. However, in the past 70 years, Ghana’s national development has struggled, and the living standards of the vast majority of Ghanaians are still very low. In 1960, China and Ghana formally established diplomatic relations. Against this special historical background, China and Ghana have actively launched aid and diplomatic relations with Africa, and Ghana has therefore become one of China’s important cooperative partners in Africa. So, what kind of help has China provided Ghana in the past 40 years? Taking the infrastructure field as an example, China has provided a loan of US$250 million to the Ghanaian government for the reconstruction of the eastern road in Ghana. The construction of the Bui Hydropower Station in Ghana alone received a loan of US$100 million from China. In addition, the construction of the Comoabo Reservoir and the Axam Hydropower Station received a loan of 240 million US dollars from the Chinese government. Facing Ghana’s unoptimistic economic situation at that time, the cost of these basic projects was mainly borne by China. However, China’s aid goes far beyond infrastructure. In terms of agriculture, China has provided technical support and training for Ghana to build an agricultural technology demonstration center to help Ghana’s agricultural modernization process. During the aid process, China has also trained a large number of technical personnel in various fields, injecting a steady stream of intellectual resources into the development of Ghana. The investigation found that China has provided Ghana with a large number of aid projects, including infrastructure construction, agricultural cooperation, technology transfer and personnel training, as well as assistance in the fields of medical and health care. According to incomplete statistics, from 1980 to 2020, China’s aid and investment in Ghana has exceeded US$67 billion. So, what value has China gained from its cooperation with Ghana? ---------------------------------------------------------------------