Xi Unveils $60 Billion Funding Pledge at South Africa SummitRene Vollgraaff, Amogelang Mbatha and Mike Cohen
Africa to get $5 billion in interest-free loans, Xi says
China investment in Africa fell more than 40 percent in 2014
Chinese President Xi Jinping opened a summit with dozens of African leaders in Johannesburg on Friday, pledging $60 billion in funding to promote cooperation and support development efforts in the world’s poorest continent.
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