Xi Jinping hosts African leaders, promises cooperation and investment

thehindu.com September 4, 2024, 07:00 PM UTC

Chinese President Xi Jinping hosted over 25 African leaders in Beijing, emphasizing cooperation in infrastructure, energy, and education. China, Africa's largest trading partner, has invested billions in loans for infrastructure projects, raising concerns about debt sustainability. The summit aims to deepen economic ties amid geopolitical tensions with the U.S., as African leaders seek favorable loans and increased investment.


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