General News of Tuesday, 27 June 2017Source: citifmonline.comUse Chinese support to make Ghana great – Lloyd AmoahDr. Lloyd AmoahThe Head of the Legon Centre for Asian Studies, Dr. Lloyd Amoah, has downplayed suspicions around China’s commitment to invest about $21 billion dollars into Ghana’s economy. Following the Vice President Dr Mahamadu Bawumia’s visit, a number of Memoranda of Understanding were signed to invest $15 billion dollars while an additional $4 billion dollars is expected to be signed soon. But critics say the offer is too good to be true, given the country’s previous experience with the $3 billion dollars Chinese loan which was never fully disbursed. But speaking on the Citi Breakfast Show on Tuesday, Dr. Lloyd Amoah advised Ghana to rather take advantage of the help China is offering to grow the economy. China took advantage of Japan even though Japan is its arch-rival and rode to greatness.

Source: GhanaWeb June 27, 2017 11:26 UTC