President Xi Jinping was expected to use a gathering of dozens of African leaders in Beijing to push back against criticism that China’s vast development initiatives risked saddling emerging economies with debt. Xi’s speech Monday to the Forum on China-Africa Cooperation gives him a high-profile chance to defend his signature Belt and Road Initiative to develop roads, railways, ports, pipelines and other trade links. Xi “will stress the importance of consultation and taking African countries’ needs into account,” said Shi Yinhong, a professor of international relations at Renmin University of China. …read more
Source:: Yahoo Finance
