Voice of America (VOA) recently reported that, for the first time, the Chinese government released a policy white book on foreign aid. In 2009, the total amount of Chinese foreign aid reached US$40 billion. Africa received half of that aid. The white book emphasized that Chinese aid does not come with political conditions. However, as Chinese aid has a low transparency, it is often criticized, even among the locals, because of the opportunities for corruption. The fact that the aid results in Chinese rather than local laborers being employed and the low transfer rate of technology have also resulted in complaints. Seventy percent of what Africa exports to China is oil.
Source: Voice of America, April 21, 2011