China's Xi offers Africa $60bn for development, says 'no strings attached'

China’s Xi offers Africa $60bn for development, says ‘no strings attached’

China's Xi offers Africa $60bn for development, says 'no strings attached'

President Xi Jinping told African leaders that China’s investments on the continent have “no political strings attached”, pledging $60 billion in new development financing, even as Beijing is increasingly criticized over its debt-heavy projects abroad.

For more information, please see http://www.theeastafrican.co.ke/business/China-s-Xi-pledges–60bn-for-African-development-at-summit/2560-4741280-ox1p27z/index.html?utm_source=newzmate&utm_medium=email&utm_campaign=2318&tqid=1OHkdCogD0MBPWgCKvY2d1Uw4iH0cZNBUJhqVjioDg%24%24

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