Political Risk

China set to pledge more aid to Africa ahead of Xi’s trip 

China is set to announce new aid to African nations when President Xi Jinping visits Zimbabwe and South Africa next month, a senior Chinese official said on Wednesday.The trip is likely to boost China’s relations with Africa, which supplies oil and raw materials such as copper and uranium to the world’s second-largest economy.

Source: China set to pledge more aid to Africa ahead of Xi’s trip | Reuters

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