Chinese Foreign Ministry Spokesperson's Remarks
2019/10/24

Q: A recent report released by the Australian think tank Lowy Institute pointed out that China is not pursuing a "debt trap" policy in the Pacific island region. Its grants and loans are for roads, bridges and modern buildings which are urgently needed to improve people's livelihood. They are not "white elephants" or "roads to nowhere"as some accused of. The report also mentioned that Chinese loans are more responsive to local needs. Would you like to comment?

A: I have also taken note of this report and find many of its findings consistent with reality. China pursues cooperation with Pacific island countries based on the principles of equality, mutual benefit, openness and sustainability. From project selection to investment and financing cooperation, all decisions are made with mutual consent. China provides loans based on recipients' will to areas with funding shortfalls in urgent need of development.

Just a few days ago the third China-Pacific Island Countries Economic Development and Cooperation Forum was held in the capital of Samoa. Many Pacific island countries' leaders spoke highly of Chinese assistance to their economic development. The Prime Minister of Samoa said that a comprehensive strategic partnership with mutual respect and shared development as well as BRI cooperation will provide development platforms for both sides. The Prime Minister of Vanuatu said that his country will strengthen cooperation with China, enhance long-term friendship and cooperative partnership and bring more benefits to the two peoples.

These facts attest to the welcome that China enjoys, extended by the island governments and peoples, for the tangible benefits brought by cooperation between China and Pacific island countries. China stands ready to continue such win-win cooperation on the basis of mutual respect and equality to help island countries grow their economy and improve people's lives.

 

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