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[DOUBLE EPISODE] The China-Africa Summit Debrief
The three-day Forum on China-Africa Cooperation (FOCAC) summit wrapped up in Beijing on Friday. The big headline from this year's gathering was the announcement that China will provide $50.7 billion in financing to African countries over the next three years.
FOCAC and China’s Global Messaging
This year’s Forum on China-Africa Cooperation was partly aimed at reinvigorating a relationship many had framed as declining. Preceded by new data showing that Chinese project financing in Africa increased after a multi-year fall, China sought to use FOCAC to present an image of its engagement with ...
WEEK IN REVIEW: China Signs Deal to Revamp TAZARA Railway
China and the Philippines accused each other of deliberately ramming their coast guard ships near the disputed Sabina Shoal on Saturday. A China Coast Guard (CCG) spokesperson said the Philippines ship “deliberately collided with” a Chinese vessel. Meanwhile, officials in Manila said the opposite: that a CCG ship “directly ...
China Pushes Smaller, Smarter Loans to Africa to Shield From Risks
By Matthew Walsh China's years of splashing cash on big-ticket infrastructure projects in Africa may be over, analysts say, with Beijing seeking to shield itself from risky, indebted partners on the continent as it grapples with a slowing economy at home. ...
S. Africa’s Ramaphosa Hails China’s $50 Billion Pledge as ‘Great Boon’ for Continent
South African President Cyril Ramaphosa called Chinese leader Xi Jinping's pledge on Thursday of $50 billion in financing to Africa over the next three years a "great boon" for the continent. "I am very positively disposed to the amount of money ...
5 Takeaways From Xi’s FOCAC Speech
Chinese President Xi Jinping's highly anticipated opening address at the ninth Forum on China-Africa Cooperation summit on Thursday sent a clear message that Beijing remains firmly committed to its strong ties with African governments and intends to deepen its engagement on the continent.
UN’s Guterres Says China-Africa Ties Can Drive ‘Renewable Energy Revolution’
United Nations Secretary-General Antonio Guterres told African leaders Thursday that expanding ties between China and the continent could "drive the renewable energy revolution." Guterres and more than 50 African leaders are attending this week's China-Africa forum, according to state media.
China’s Xi Promises $50 Billion for Africa Over Next Three Years
By Sam Davies Chinese President 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 ...
Kenyan President Emphasizes Infrastructure During Beijing Trip
Kenya’s President William Ruto came to Beijing with a long wishlist. In the run-up to his meeting with Chinese President Xi Jinping, Ruto stressed several key infrastructure projects as key to Kenya’s cooperation with China. Standard Gauge Railway: The ...
Nigeria and China Announce New Cooperation Agreements
China and Nigeria signed a raft of deals aimed at broadening their economic cooperation in the run-up to the FOCAC summit in Beijing. Nigerian President Bola Tinubu met with his Chinese counterpart Xi Jinping on Tuesday. They announced the elevation of ...
De-Facto U.S. Envoy Warns Taiwan Is Not China’s Only Target
The new de-facto U.S. ambassador to Taiwan said Wednesday that the democratic island is "not the only target" of China's "intimidation and coercion", with more countries cooperating with Washington to "avoid war." China claims self-ruled Taiwan as part of its territory ...
Xi Hosts Dozens of African Leaders at China’s Biggest Summit in Years
Chinese leader Xi Jinping will host over two dozen African leaders at a lavish dinner in Beijing on Wednesday, kicking off the city's biggest summit in years with promises of cooperation in infrastructure, energy and education. China, the world's second-largest economy, ...