LIVE | China-Africa Summit: Africa's Debt Concerns Shadow the Summit | Vantage with Palki Sharma

LIVE | China-Africa Summit: Africa's Debt Concerns Shadow the Summit | Vantage with Palki Sharma

At the China-Africa Summit 2024, Chinese President Xi Jinping pledged a $51 billion financial aid package and a million new jobs for the African continent. Experts believe Beijing is attempting to achieve two major goals with this summit. First, it seeks to solidify its influence in the Global South. Africa, with its 54 countries, is a significant player, and China aims to become a leader in this region. Second, Beijing aims to bolster its slowing economy through this summit. Africa is a crucial market for Chinese goods, and with the West putting up trade barriers, China cannot afford to lose ground here. Despite the grand announcements, African leaders expressed disappointment. Xi's $51 billion pledge pales in comparison to past commitments, and China offered no specifics on financing details or debt relief. The summit offered little resolution to the growing concern over unsustainable debt levels in Africa. On Vantage tonight, Palki Sharma tells you more.

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China | Africa | China- Africa Summit 2024 | Xi Jinping | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#chinaafricasummit #china #xijinping #africanews #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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