Xi Jinping to showcase BRI at China-Africa summit in Beijing

Xi Jinping to showcase BRI at China-Africa summit in Beijing

For two days in a row, every headline on the front page of the state-run People's Daily started with the words "Xi Jinping..." as the president met with the leaders of countries from Angola and Gabon to Mauritius and Senegal. The initiative involves hundreds of projects, a lot of them built by Chinese contractors and financed by loans from Chinese state-owned banks, across an arc of 65 countries from the South Pacific through Asia to Africa and the Middle East.

Xi told him on Sunday that "foreign forces" should not interfere in Sudan's internal affairs, China's Foreign Ministry said.

"It's hard to think of any country in Africa that has not been touched by China", he said, adding that China rejects the claim of "debt-trap diplomacy". The commitment comes on top of another US$60 billion announced at the summit three years ago.

Ramaphosa said Africa embraced China's "Betl and Road Initiative", an ambitious plan by China to boost trade and stimulate economic growth across Asia and beyond.

African leaders and the chairman of the African Union (AU) will be in attendance, and the United Nations (UN) Secretary-General will be the esteemed guest, joined by 27 worldwide and African groups as observers.

President Cyril Ramaphosa has called on the Chinese communist party to work more closely with the ANC.

Over the past 18 years, achievements have been made in political, economic and people-to-people exchanges between China and Africa.

For financing, China will nudge African countries to tap new multilateral lenders such as the Asian Infrastructure Investment Bank (AIIB), the New Development Bank (NDB) of the emerging economies, as well as the Silk Road Fund marshalled by China.


The number of Chinese tourists to Africa is rapidly growing as African countries are trying to attract more visitors from China.

The annual ministerial meeting was held ahead of the 2018 Beijing Focac Summit which officially opens today.

Speaking to a gathering of African leaders in Beijing, Xi said the figure includes $15 billion in grants, interest-free loans and concessional loans, $20 billion in credit lines, $10 billion for "development financing" and $5 billion to buy imports from Africa.

Data shows that China-Africa trade amounted to $170 billion in 2017, a 14.1 per cent increase upon the 2016 figures.

"China and Africa: Toward an Even Stronger Community with a Shared Future through Win-Win Cooperation", read the theme of the summit which has resulted in the signing of dozens of agreements by African leaders with China.

"We are ready to make a greater contribution to support cultural diversity in the world", he said, citing as a target exchange programme in culture, arts, education sports, think tanks and media, focusing on young people to strengthen the bond between the people of China and Africa. He insisted that China will not impose its will on Africa despite a huge investment program.

It is the only African state to maintain diplomatic ties with Taiwan.

A China- Africa environmental cooperation centre will be set up where research on environmental issues will be conducted.

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