Scramble to lend - European Investment banks are facing challenges to keep up there prerequisites of aid to developing nations (environment, human rights and other ethical issues) as they are increasingly being undercut by chinese lenders.
The World Bank, known for its stringent regulation is concerned, recently China extended $10m of aid in Africa. Western Media says, it's China's attempt to built clout in the world, especially African countries rich in resources..... don't know what they thought of the aid coming from the west all this while.