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China Courts African Leaders with Lavish Summit

President Xi Jinping seeks to deepen ties with African nations while addressing economic challenges and criticisms of Chinese lending practices.

  • Beijing hosts the Forum on China-Africa Cooperation with leaders from 50 African nations attending.
  • China aims to position itself as the leader of the Global South and counter Western influence.
  • African leaders call for more balanced trade and sustainable investments from China.
  • China's economic slowdown and property crisis limit its ability to offer new loans.
  • China seeks greater access to African minerals and markets for renewable energy products.
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