Trading one former colonizer for another. At least today Japan (the (former?) largest donor to subSahara Africa), Europe, and the United States are trying to develop Africa for at least a little altruistic reasons. The PRC is simply out to exploit for more resources.
"The PRC is simply out to exploit for more resources."
I can see what will happen when the money is skimmed off and the aid is used for new fleets of luxury cars, furs and European jaunts.
China will not be a benign Uncle Sap as it becomes more powerful.
Think the Japanese invasion of Manchuria without the polite polity.