China pledges $50bn for African project ...News

African countries are in Beijing for a three-day summit, which the Chinese Foreign Ministry has hailed as the largest diplomatic event the country has hosted in recent years. Chinese President Xi Jinping used the occasion to announce plans for $50 billion in joint projects on the continent. The China-Africa Cooperation Summit (FOCAC) aims to strengthen ties between the Asian nation and a continent where Beijing and Russia’s influence has been a source of concern for the U

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