Every Sunday, your summary of the biggest news of the week in East Asia! This is Stories Unfold #16
In this video, we’re diving into the evolving relationship between China and African countries. China’s loans to Africa hit $4.61 billion last year, marking a significant rebound, although still below the peak levels during the Belt and Road Initiative’s early years.
🔹 China-Africa Loans: Chinese loans to Africa shifted toward smaller projects with environmental and social benefits. Cumulative loans since 2013 have often surpassed $10 billion annually, reflecting China’s ongoing commitment to African development.
🔹 Diplomatic Relations: Leading up to the 9th Forum on China-Africa Cooperation (FOCAC), Chinese officials met with several African leaders to strengthen ties, support Africa's development, and solidify South-South cooperation.
🔹 Infrastructure & Trade Deals: This year’s FOCAC brought major infrastructure and trade deals.
🔹 Africa’s Role in Green Energy: Countries like Zimbabwe and the DRC play a crucial role in China's green energy transition.
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18 сен 2024
