Click the following link to watch video: Source: Reuters InsiderDescription: Chinese President Xi Jinping says that his country's investmentin Africa comes with no strings attached, ahead of a triennial China-Africasummit in Beijing. Ryan Brooks reports.Short Link: Video Transcript:No strings attached - that's the promise of Chinese President Xi Jinping as amajor China-Africa Summit kicked off in Beijing on Monday. He's talking aboutthe billions of dollars worth of loans China has extended to African nationsfor projects like railways and roads. And later in the day, he pledged tens ofbillions of dollars in new financial aid. Xi said China's investment comeswith no political obligations but as Reuters Christian Shepherd reports, it'screating problems of its own.For some Africa nations, the burden ofChinese debt really is growing. They have the majority of their -- that arebeing held by Chinese banks and they, themselves, are often a high risk ofdebt distress.Data from Johns Hopkins University showed that Chinaloaned around $125 billion to the continent between 2000 and 2016. That'scranked up high debt risks for countries like Djibouti and Zambia. But thereare reasons why countries are still taking the money.Africannations defend the Chinese model of saying that compared to their otherfinancing options, the terms are much better often from Chinese policy banks.They have longer repayment periods. The interest is lower. They often get along grace period. It just makes more sense. And also, they say, that when itactually comes to giving out the loans, China is just more willing than otherpartners in Europe or in North America.Chinese state media hasangrily rejected claims of debt traps in Africa, accusing critics in the Westof being jealous of China's prominent role in the continent. Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.