Chinese and African leaders hold a summit on deepening cooperation in a divided world

Date:

Share post:


BEIJING — 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 U.S.-led global order.

Chinese President Xi Jinping promised the leaders billions of dollars in loans and private investment over the next three years and proposed that relations with all African countries that have diplomatic ties with China be elevated to the “strategic” level.

“We have always understood and supported each other, setting an example for a new type of international relations,” he said at the opening ceremony of the Forum on China-Africa Cooperation.

China has become a major player in Africa since the forum was founded in 2000. Its companies have invested heavily in mining for the resources Chinese industry needs and its development banks have made loans to build railways, roads and other infrastructure under Xi’s Belt and Road program.

African leaders have welcomed China’s assistance but are pushing for a closer alignment of aid with the continent’s development goals. They are seeking to industrialize their economies and expand agricultural exports to reduce a trade deficit with China, which has become sub-Saharan Africa’s largest bilateral trading partner.

In a reflection of China’s broadening relationship with Africa, Xi outlined 10 “partnership actions” that included training for African politicians and future leaders, a further opening of the Chinese market, agriculture demonstration areas, vocational and technical training, green energy projects and 1 billion yuan ($140 million) in grants for military assistance.

“While commending the overall progress so far achieved, we also appreciate the announcement of further areas of partnership actions,” said Tanzania’s President, Samia Suluhu Hassan, speaking on behalf of eastern Africa. “We salute a new characterization of China-Africa relations.”

Xi said China would eliminate tariffs on products from most of the world’s poorest countries, including 33 in Africa, in an expansion of existing tariff exemptions.

The relationship has moved beyond trade and investment to take on political overtones as China seeks allies in Africa and elsewhere in the developing world for its competition with the United States to define the norms governing the global economy and how countries interact with each other.

“Modernization is an inalienable right of all countries,” Xi said. “But the Western approach to it has inflicted immense sufferings on developing countries. Since the end of World War II, Third World nations, represented by China and African countries, have achieved independence … and have been endeavoring to redress the historical injustices of the modernization process.”



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

Argentina's crypto scandal dings Milei, involves strange mix of characters

BUENOS AIRES, Argentina -- Argentine President Javier Milei is facing a corruption probe into his promotion of...

Engineering company settles Flint water lawsuits for $53M but denies any blame for lead crisis

An engineering company has agreed to pay $53 million to settle all remaining lawsuits that accused it...

Ford recalls 240,000 Explorers, Aviators due to faulty seat belt assembly

Ford is recalling about 240,000 Explorer and Lincoln Aviator SUVs due to a problem with seat belt...

Apple drops encryption feature for UK users after government reportedly demanded backdoor access

LONDON -- Apple said Friday it will stop offering an advanced data security option for British users...

January home sales fall as high mortgage rates, prices freeze out would-be buyers

LOS ANGELES -- Sales of previously occupied U.S. homes fell in January as rising mortgage rates and...

Coinbase says SEC has agreed to dismiss case against it, pending commission approval

Coinbase says the Securities and Exchange Commission has dismissed its case against the cryptocurrency platform, pending commission...

UnitedHealth shares dive after report of US investigation into Medicare billing

UnitedHealth Group shares tumbled early Friday on a report that the U.S. Department of Justice has started...

Refugees and their sponsors feel stuck after halt to programs letting communities resettle newcomers

MIAMI -- Refugees had been arriving in the United States at levels unseen in nearly three decades,...