What does China’s $50bn package mean for Africa and the West?

by | Sep 5, 2024 | World

President Xi Jinping pledges investment and loans at summit.China promises African nations $50b in loans and funding at a summit of leaders in Beijing.
It underlines the country’s position as the continent’s number one investor.
What does this investment mean for Africa, China and its Western rivals?
Presenter:
James Bays
Guests:
Hannah Ryder – CEO of Development Reimagined, an independent development consultancy
Sanusha Naidu – senior research associate at the Institute for Global Dialogue
Einar Tangen – senior fellow at the Taihe Institute

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[mwai_chat context=”Let’s have a discussion about this article:nnPresident Xi Jinping pledges investment and loans at summit.China promises African nations $50b in loans and funding at a summit of leaders in Beijing.
It underlines the country’s position as the continent’s number one investor.
What does this investment mean for Africa, China and its Western rivals?
Presenter:
James Bays
Guests:
Hannah Ryder – CEO of Development Reimagined, an independent development consultancy
Sanusha Naidu – senior research associate at the Institute for Global Dialogue
Einar Tangen – senior fellow at the Taihe Institute
nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
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