Sep 6, 2024, 10:26 PM
Sep 3, 2024, 12:00 AM

China hosts Africa summit in Beijing to strengthen ties

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Highlights
  • Chinese President Xi Jinping pledged over $50 billion in financial support to African nations during a summit in Beijing.
  • The initiative aims to create at least one million jobs across Africa and strengthen China's influence on the continent.
  • This approach contrasts with Western strategies, positioning China as a leader of the Global South.
Story

During a recent summit in Beijing, Chinese President Xi Jinping addressed numerous African leaders, emphasizing the deep-rooted friendship between China and Africa. He announced a commitment of over $50 billion in financial support and aid over the next three years, alongside a promise to foster investments that could generate at least one million jobs across the continent. This initiative is part of China's broader strategy to enhance its influence in Africa and position itself as a leader of the Global South, contrasting with Western approaches. Experts, such as Joshua Eisenman from the University of Notre Dame, highlight that China's relationship-driven model offers an alternative to the more transactional nature of U.S. relations with African nations. The summit reflects China's ongoing efforts to strengthen ties with African countries, aiming to create a united front that is less reliant on Western powers and more focused on mutual development and cooperation.

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