China’s Xi says funds for Africa not for ‘vanity projects’

Chinese President Xi Jinping speaks during the High-level Dialogue between Chinese and African Leaders and Business and Industry Representatives at the sixth China-Africa Entrepreneur Conference at the Beijing National Convention Center in Beijing, China September 3, 2018. Lintao Zhang/Pool via REUTERS

BEIJING (Reuters) – Chinese President Xi Jinping said on Monday that Chinese funds are not for “vanity projects” in Africa but are to build infrastructure that can remove bottlenecks in the continent’s development. Speaking at a business forum ahead of the start of a once-every-three-years China Africa summit, Xi said: “Resources for our cooperation are […]

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