Chinese President Xi Pledges US$51B for Africa

Chinese President Xi Jinping has pledged billions of U.S. dollars in new financing for Africa at a major China-Africa cooperation summit in Beijing.

Transcript

00:00Chinese President Xi Jinping has pledged more than 50 billion U.S. dollars in new financing

00:05for Africa at a major summit in Beijing.

00:08At the Forum on China-Africa Cooperation, Xi also pledged support for 30 infrastructure

00:13projects across Africa and promised to create at least one million jobs.

00:18He praised the relationship between Beijing and African nations.

00:22No matter how the international situation changes,

00:26China-Africa friendship will continue to be passed down through the ages.