China Pledge $60bn to boost Africa’s development

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chinese prime minister
China’s President Xi Jinping told African presidents on Friday at a summit that his country would provide $60 billion to fund development on the continent, outlining the Asian economic giant wanted to build a relationship of equals.
Xi, who is co-chairing the Forum on China-Africa Cooperation where several African heads of state were attending, outlined a broad 10-point development plan driven by China, Reuters reported.
“To ensure the successful implementation of these 10 cooperation plans, China decides to provide a total of $60 billion dollars of funding support,” the Chinese leader said.

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