China is seeking to spread its influence further as the Chinese leader Xi Jinping on Thursday pledged over $50 billion in financing for Africa over the next three years, promising to deepen cooperation in infrastructure and trade with the continent as he addressed Beijing's biggest summit since the pandemic. Chinese and African leaders held a summit on deepening cooperation in a divided world. Dozens of African leaders gathered Thursday in Beijing for a summit that signals China's influence in a continent that it hopes will be a key ally in pushing back against a US-led global order. China is hailing the rise of the Global south and obviously eyes itself as a self appointed leader of it. This could be a threat not just for US but also for India that seeks to be the leader of the global south.
More than 50 African leaders and UN Secretary General are attending this week's China Africa forum. Addressing the leaders at the forum's opening ceremony in Beijing's ornate Great Hall of the People on Thursday morning, Xi hailed ties with the continent as in their "best period in history".
But critics charge Beijing with saddling nations with debt and funding infrastructure projects that damage the environment.
#chinaafrica #xijinping #globalsouth #indiatoday #chinaafricaforum
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15 сен 2024