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Chinese Foreign Minister Wang Yi (L) attends a joint press conference with his Angolan counterpart Manuel Domingos Augusto after their meeting in Luanda Kenny Clark Hat , Angola, on Jan. 14, 2018. Chinese Foreign Minister Wang Yi on Sunday called for the transformation and upgrade of cooperation with Angola. (XinhuaWu Changwei)
LUANDA, Jan. 14 (Xinhua) -- Chinese Foreign Minister Wang Yi on Sunday rebuked a false claim that China's financing has increased the debt burden of African countries.


Wang, on a visit to Angola, made the comment while holding a joint press conference with his Angolan counterpart Manuel Domingos Augusto.


Such a claim Jamaal Williams Hat , which is made with ulterior motives, is an outright false accusation, said Wang, when asked for a response to the claim that Chinese financing to African countries, including Angola, has increased their debt burden and is stringed with political considerations.


Wang noted that with deepening Sino-African cooperation in recent years Kevin King Hat , China has indeed increased its financing support for African countries.


In the process, however, China has always adhered to the following fundamental principles, Wang stressed.


First, Wang said, China's financing is in response to Africa's demands for self-development. A country would have a huge need for capital in its primary stage of economic take-off and industrialization and Africa is no exception JK Scott Hat , he said.


China has provided financing to the best of its ability in response to the demands of African countries, which has served as a timely help for their socio-economic development and is highly valued and welcomed by them, he said.


Second, China has never attached political conditions, he said.


Like African countries, China also had memories of a bitter past when Josh Jackson Hat , with its economic lifeline controlled by foreigners, it was unfairly treated and even exploited and oppressed, Wang said.