China providing aid to Africa
China just this past weekend decided to pledge $60 billion to aid Africa's development, primarily in South Africa, but all over Africa, which is great. The reason behind this pledge is that China promises to help nationals become industrialize and also to" elevate its relationship with the continent beyond one centered on the extraction of raw materials."(Onishi)
China's president Xi Jinping decided to triple the amount at the last meeting
which was a China-Africa summit. He wanted to reassure the audience of China's commitment amid an
economic downtown whose effects have actually reverberated this year across Africa.
China's president stated how "China has the strong political commitment to supporting Africa in achieving development and prosperity.”(Onishi) Trading also seems to happen between Africa and China, so this new change would bring in goods to the Chinese and Africans would get some goods in return as well.
To read more about this new story, the link is:
You Tube video on this tending topic:
No comments:
Post a Comment