Local and international experts and diplomats on Wednesday discussed what they called China’s “bad governance model” in Africa, saying it was creating unpayable debts for countries in that continent.
Participants highlighted Taiwan’s model in Somaliland as an alternative at the half-day symposium, themed “China’s Bad Governance Model for Africa — Alternative Visions,” which was organized by the Taiwan Inspiration Association.
Former US ambassador to Zambia Eric Schultz said at the Taipei seminar that the landlocked African country where he was posted from 2014 to 2017 is widely considered “ground zero” for China’s investment on the continent.
Photo: Tien Yu-hua, Taipei Times
Since the Patriotic Front government assumed power in 2011, Zambia has worked hand-in-hand with China on a number of major construction programs, he said.
Unfortunately, as part of these deals, only Chinese companies were allowed to compete, meaning the profits were ultimately shared by Chinese companies and government officials, while ordinary Zambians received none of the benefits, Schultz said.
Beijing had provided more than US$10 billion in loans to Zambia during the Patriotic Front administration — from 2011 to 2021 — which was as much as 50 percent of the country’s GDP, he said.
Using the case of Zambia as an example, Schultz urged the US and its democratic allies, including Taiwan, to do more to help African countries repay Chinese debt.
“We should work to expand the reach and influence of democratic rule, while expanding the reach and influence of commerce,” he said.
Doing so is not intended to “impose our views, but an encouragement that we should help African countries manage the burden of China,” he added.
Schultz encouraged democratic allies to help African countries press China for better terms, and debt and interest forgiveness.
The relationship between Taiwan and Somaliland is an alternative to China’s bad governance model, Representative to Somaliland Allen Lou (羅震華) said.
Somaliland is the “only country to say no to China in Africa,” Lou said.
In contrast to the Chinese model, Taiwan’s model of cooperation is “people-centric” and focuses on “knowledge transfers and capacity building,” Lou said at the symposium.
Ultimately, Taiwan wants to create a model in Somaliland to win more friends in East Africa, he said.
Lou also called on more like-minded partners headed by the US to join such cooperation in Somaliland “so we can work together to achieve more.”
Somaliland declared independence from Somalia in 1991 and has been functioning as a de facto state, but it has yet to be recognized diplomatically by any other country in the world.
Taiwan and Somaliland set up representative offices in each other’s capitals in 2020.
Considering that most countries issue more than five denominations of banknotes, the central bank has decided to redesign all five denominations, the bank said as it prepares for the first major overhaul of the banknotes in more than 24 years. Central bank Governor Yang Chin-lung (楊金龍) is expected to report to the Legislative Yuan today on the bank’s operations and the redesign’s progress. The bank in a report sent to the legislature ahead of today’s meeting said it had commissioned a survey on the public’s preferences. Survey results showed that NT$100 and NT$1,000 banknotes are the most commonly used, while NT$200 and NT$2,000
The Centers for Disease Control (CDC) yesterday reported the first case of a new COVID-19 subvariant — BA.3.2 — in a 10-year-old Singaporean girl who had a fever upon arrival in Taiwan and tested positive for the disease. The girl left Taiwan on March 20 and the case did not have a direct impact on the local community, it said. The WHO added the BA.3.2 strain to its list of Variants Under Monitoring in December last year, but this was the first imported case of the COVID-19 variant in Taiwan, CDC Deputy Director-General Lin Ming-cheng (林明誠) said. The girl arrived in Taiwan on
ANNUAL EVENT: Two massive Pokemon balloons are to be set up in Daan Park, with an event zone operating from 10am to 6pm This year’s Taipei Floral Picnic is to be held at Daan Park today and tomorrow, featuring an exclusive Pokemon Go event, a themed food market, a coffee rave picnic area and stage performances, the Taipei Department of Information and Tourism said yesterday. Two massive Pokemon balloons are to be set up in the park as attractions, with an exclusive event zone operating from 10am to 6pm, it said. Participants who complete designated tasks on-site would have a chance to receive limited-edition souvenirs, it added. People could also try the newly launched game Pokemon Pokopia in the trial area, the department said. Three PokeStops are
South Korea is planning to revise its controversial electronic arrival card, a step Taiwanese officials said prompted them to hold off on planned retaliatory measures, a South Korean media report said yesterday. A Yonhap News Agency report said that the South Korean Ministry of Foreign Affairs is planning to remove the “previous departure place” and “next destination” fields from its e-arrival card system. The plan, reached after interagency consultations, is under review and aims to simplify entry procedures and align the electronic form with the paper version, a South Korean ministry official said. The fields — which appeared only on the electronic form