Chinese President Xi Jinping announced new initiatives aimed at strengthening China’s relationship with Africa during a summit. Xi pledged to open China’s market to African agricultural products and exempt products from 33 African countries from tariffs. He also highlighted 30 infrastructure projects as part of the Belt and Road initiative, focusing on smaller, impactful projects.
China is shifting towards more strategic investments in Africa, focusing on green technologies and establishing a potential market for Chinese exports. Despite growing competition from the U.S., China remains Africa’s largest trading partner, increasing loans to the continent.
While President Joe Biden has shown interest in African affairs, China’s proactive approach with Africa is evident. African leaders are welcoming China’s partnerships, emphasizing the importance of building relationships for mutual growth and development.
Janis Mackey Frayer reported from Beijing, and Mithil Aggarwal reported from Hong Kong.
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