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China’s Xi offers another $60 billion to Africa, but says no to ‘vanity’ projects

China’s Xi offers another $60 billion to Africa, but says no to ‘vanity’ projects

President Xi Jinping has said China does not invest in “vanity projects” in Africa. Rather he said his country is helping the continent build its infrastructure. He pledged an extra $60billion for the continent’s development, as he opened a summit with African leaders in Beijing to boost relations. China is the single largest bilateral financier […]

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