China-Africa Summit: Strengthening Strategic Ties

African leaders met with Chinese President Xi Jinping in Beijing, where he pledged billions in loans and investments to bolster China-Africa relations. The summit highlighted cooperation on infrastructure, trade, and political alignment against U.S.-led global order, emphasizing modernization and historical redress.


Devdiscourse News Desk | Beijing | Updated: 05-09-2024 12:06 IST | Created: 05-09-2024 12:06 IST
China-Africa Summit: Strengthening Strategic Ties
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Dozens of African leaders gathered in Beijing for a summit signaling China's growing influence in Africa, aiming to counterbalance a U.S.-led global order.

Chinese President Xi Jinping promised billions in loans and private investments over the next three years, advocating for elevated 'strategic' relations with African nations that maintain diplomatic ties with China.

'We have always understood and supported each other, setting an example for a new type of international relations,' Xi stated at the Forum on China-Africa Cooperation's opening ceremony. China, now a major player in Africa, has invested heavily in the continent's resources and infrastructure under Xi's Belt and Road initiative.

(With inputs from agencies.)

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