Monday, May 20, 2024

The Upcoming China-Africa Summit and State of Economic Relations

 The South China Morning Post published on 18 May 2024 an article titled "Africa Keen for More Development Finance, Despite Economically Bumpy Road Towards FOCAC Summit" by Jevans Nyabiage.  

African and Chinese officials are developing the agenda for the upcoming Forum on China-Africa Cooperation Summit in Beijing.  The Summit is occurring at a time when China-Africa economic relations are undergoing change.  China's loans to African countries are down sharply while it tries to make up the reduction with foreign direct investment and trade.