The Latest Breaking News from Xi Jinping

“The financial system itself is now constraining China’s economic growth rather than facilitating it.”

Xi Jinping's summit with African countries showcases China's commitment to deepening ties through significant investments and cooperation.

Beijing’s detractors claim it lures in African countries with big loans, but the continent’s leaders also have a choice.

Shenzhen Component Index closed down 1.44%

China's years of splashing cash on big-ticket infrastructure projects in Africa may be over, analysts say, with Beijing seeking to shield itself from risky, indebted partners on the continent as it grapples with a slowing economy at home.

Chinese President Xi Jinping is hosting a major summit in Beijing this week, gathering African leaders to discuss cooperation in infrastructure, energy and education. Focac is the largest event in the city since the Covid pandemic, with China aiming to strengthen its already dominant trade and investment ties with Africa.…

China's growing influence in Africa highlighted at Beijing summit, focusing on economic partnerships and political alignment.

Hundreds of African political and business leaders filed into China's Great Hall of the People on Thursday eager to forge new partnerships, sign contracts and make industry connections.

In a speech at the Forum on China-Africa Cooperation in Beijing, President Xi Jinping promised to provide 360 billion Yuan (€45 billion) in new financing to African countries over the next three years. The promise also includes the creation of one million jobs and 30 renewable energy projects. Also in…

Chinese President Xi Jinping pledges billion to African nations, strengthening ties and cooperation for mutual development.

President Xi Jinping has pledged to increase China's support to the African continent with nearly $51 billion in new funding, backing for more infrastructure initiatives and a promise to create at least 1 million jobs.