tv DW News Deutsche Welle September 4, 2024 11:00am-11:16am CEST
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the, the, this is the, the, the news coming to live from berlin, african leaders gathering beijing for a major investment summit. the 3 day gathering hosted by present changing thing is part of china's goal to cement its position as africa's key strategic partner. also coming up calls grove for urgent action to be taken on the english channel migrant crisis. after 12 di and the latest po, tragedy, french prosecutors say most of the victims were women named girls. the
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hello and terry morrison. good heavy with is a host of african leaders that arrived in beijing for summit that could further strengthen china's influence across the continent. present choosing, paying is expected to urge african nations to take bore chinese goods and exchange for pledges of new chinese investment and loans. but many of the african partners he's courting, want more favorable financial terms as dead pressures. mount, the china has invested billions to access africa's wealth of oil, caught the colds, and other resources building roads. railways unfold facilities the project and shows the swift on efficient transfer overall materials to china, while the countries in question of 10 to struck to the benefits that economic development. but the boom is now of many african countries have gotten into debt trouble. and they realize they have to cut back on the amount of loans that are taking out because they will have trouble re paying them. as a result,
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the whole built, roader initiative has slowed down in africa, but china is presence on the continent still fall around stripped start of europe. at the turn of the new, the trained relations of many african countries was still dominated by europe. almost 2 decades later, the situation has been completely transformed. that economic dominance is part of china strategy to become the world's pre eminent superpower. while many western firms are put off by the higher risks involved, chinese companies and enjoyed state backing. one of the problem is that the west spaces is the private or direct foreign direct investment depends overwhelmingly on the, on the private sectors of europe and united states. whereas china has a stronger ability to manipulate the amount of foreign direct investment that goes in. the government plays the larger role. in addition to traditional infrastructure,
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the state affiliated technology joint one y is also involved. expanding africa's telecom is networks. chinese companies are also trucking. the consumer market with low price phones as well as clothing and cause that said, europe has launched an initiative to make up last ground. and i'm, at least in countries, are also fast growing investors in the african continent as well. china has led to african countries about a $170000000000.00 euro since the year 2000, but that has left many countries saddled with debt that they're still struggling to pay back. can you, for example, has increased taxes to help pay debt to move that resulted in violent protests. so what do kenyans want their president to achieve in china dw as east africa bureau chief, mario miller put that question to young people in i wrote
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b william saying it's not for the young. c is going to border bring money for development, but it's going to be do you know the problem you facing the money? yes and stuff. yeah. those people so i don't even go for pivoted to, to go out to dress, overlapped to my legs, and then i should finish paying what we owe them 1st before getting the next loan. even if, even though the money would help us, we should 1st pay back what we have borrowed before asking for more money canyons are painfully aware of the downsides of seemingly attractive infrastructure projects. finance, but china like the $5000000.00 railroad that was supposed to transform pena into an industrialized middle income country, connecting it with it's made by uganda. but the drag stuff showed up the buddha because of unpaid debts. the project became insane. this as the prime example of the pitfalls of boring corruption and mismanagement right away is just one example
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of large scale infrastructure projects financed by china. that critics say, well neither financially viable nor to the benefit of most canyons. this elevated highway connecting the ruby with his international applewood has also been criticized. the tax paid was bad and with the costs, but only few canyons can afford the ride. citizens would have decided to see the money invested in health care or education. china is can use biggest lender, it owes beijing $7000000000.00, mainly for the development of roads. the rails important, the structure experts say the continent is hoping on china's easy money africa now is in a comfort zone. and can, you know, of course. so we know that even if we go broke, we can get some money. so this, that, that cycle china also now when you go and get money from them, then they do not really assume any question solar. i mean, they don't tell us, you know, that's a tax people them,
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they don't really interfere with the internal affairs of the countries. nothing to pay off its debt to the m. s. kenya's president william due to proposed tax increases. but they were widely unpopular and let to months long and deadly protest across the country to the schools, to abandon the tax hikes and does no. again, i'm less complicated loans from china struggling under a cost of living prices and unemployment. young canyon say they've had enough of china finance prestige projects that leave them and future generations in debt. instead, they want more drops they should be able to incorporate it to the union use. they should be able to give them an opportunity to so that you can also benefit from these. i'm very disappointed. i feel that to our government has nothing to sending to us means that not being taken care of. and so i expect to be natural improved inside. as it goes i had to put in, puts a negotiated deals on behalf of the government that i don't get to see the benefits . i only get to see very professional in which i feel as i, as
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a tax banking in 10 years totally. that is equivalent to 2 thirds of its g d p. interest payments alone are eating up more than a quarter of the revenue. it connects to that and the economic crisis can yes, and don't leave william root too much choice in negotiations with china. other than to ask for even more loans of service a board because, but china could do more to help african countries to escape the debt cycle coming towards industries here. that even if we don't have the fineness to do the finished product. but it's kind of adds value so that we don't just ship out, you know, roll my to use. then we can have more jobs for africans. and so we don't have to keep begging, you know, and, and trying to emigrate to other countries that are more developed. china is focus for this summit, has now shifted from financing big infrastructure to green technology and energy
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canyon's hope. this time it will benefit them more. earlier i spoke about this with journal is fabia and crush, but in beijing i asked him how the chinese government is framing this summit as well. actually the forum here in beijing is by far the largest diplomatic event that the chinese government has been hosting for many years just by the number of heads of states we're in town. and i think there are several messages that the government wants to get out there. and one is that china is very active on the international stage that it's becoming a diplomatic world power. and i think that's also a message not only to what's the global south, but also to what's the west name, the saying that if you become increasingly hosted to us, then we focus more attention to, to other regions of the world. and then this also, of course, the message that is specifically aimed at the global solve name, the promoting china is
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a quote unquote yup. inclusive of what power that is representing in a ton of to of, to the west lake by the us. china always insisted, you know, it doesn't have a colonial background. they did this very programmatic in terms of cooperation model. it will not jots about which i do. you all are to you have for what you think about human rights. it's really about the business and, and investment. and i think this is the message that china wants to get out there. and it will say that, look, we really develop quite a lot our economy. if you follow a path, you can do the same and we are ready for business. and i think that is the message that china wants to send out, especially to the african countries who are here as guests engaging in the past. probably, and china has issued massive loans to countries across africa for ports and other mega infrastructure projects. paying back those loans is proving difficult
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for some countries. how does trying to plan to work with as i've been trading partners in this situation? yeah, that's really a complex questions and you already mentioned that i mean best for example, if see of among many african countries that they become politically dependent on china. because once they're in debt that then you know, it's, it's, uh, they have to basically pay, pay back with legality. and i think that is a legitimate concern. but on the other hand, from the chinese side, there's also like a big concern that you know, they, they cannot get their money back. and we see a development to that until 2016, 2017. china has, uh, you know, been lending on a mess of scale and starting, been like, 201819. really it, it crashed them the decline of landing and the decline of investment was really very noticeable. and then you know, the pen demi kit, the money here in, in, in china has been pretty, very short. and also the economy here in china does not develop very well. so
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basically, all those investment projects came to a stand still and just this year is the 1st time that lending to african nations has been going up again. but really on a much smaller level compared to 2016 and. and now what the chinese government is doing, it's really much more cautious. it will not, you know, it will look more closely. we have to spend the money and it will look also more closely on how the chances of whether they will get the money back or not. and i think that is really a paradigm shift. and i would say that china probably has to learn from the mistakes that it has made in the past by, you know, looking more closely where to invest. and we're not the journalist probably in crowds for the reporting from beijing. now let's catch up on a couple of other stories making headlines around the world. hope francis has met with indonesia is outgoing president, yoko, with dodo as the positive continues, is 12 day trip through south east asia and oceana. the pope urge political leaders in indonesia, the world's most populous muslim majority,
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country to guard against religious extremism, emphasized stronger dialogue between people of different faiths. this is in one of rooms, most famous, ancient monuments. the archer constantine has been damaged by a bolt of lightning custodians say they have secured all the stones and fragments that were not loose. the arch was built in 315 a d e by the emperor constantine, who was row was 1st ruler to adopt christianity. well, frances interior minister says immigration laws between the u. k and france must be updated after at least 12 people died in the english channel trying to reach the u . k. the french coast guard says an overcrowded boat capsized more than 50. others were rescued. most of the victims are believed to be women and girls. united nation says at least 30 migrants have died or gone missing while trying to cross to the u
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. k. this year from france or the or i spoke about this with the w, corresponded terry schultz. we reached her on the french side of the english channel and the city a balloon. yes, so now. well, terry, the fact that authority, theirs are still saying at least a dozen people died, may mean that they still don't know exactly how many people were crammed into this 7 metre, didn't you? we do know that more than 70 were there. and of those, at least a dozen people died, and 10 of those were women and children, including a pregnant women. this just goes to show the links to which people will go to try to make this very dangerous crossing between france and the u. k. more than $20000.00 people have made the crossing this year, and that's why, despite these odds, despite the possibility and even the probability that many will die, people still do make this desperate attempt. now this is just the latest tragedy in
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the channel, but these incidents don't seem to be deterring others from trying to make the same journey. do they? you know, that's right. despite the fact that we see these depths happen almost continuous, we including an in other waterways into the european and into the u. k. there seems to be an almost limitless supply of people who are so desperate in their home countries that they are willing to pay, you know, what, what amounts to criminal enterprises to, to put them in these and see where the vessels knowing that they can't possibly sail across the channel this way, and from what we understand from, from local authorities, in this case, the boat started to disintegrate, almost as soon as it left the french shore. and there was a response by multiple vessels and even helicopters. and still they have this desk toll of at least a dozen people. there are still people who are very grievously wounded that are said to be in hospitals here in balloons. and man dw, as terry shoals,
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they're reporting from the northern coast of france. you're watching dw news, you'll find much more on our website at dw dot com. i'm terry martin from ne, in all of us here at dw. nice, thanks for watching. the, the city is hungry for the future. in south west telling us 32000000 people live here. many of them are young and the 3 is coming through making money. having fun stuff. september 19th on d, w.
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