China has warmly welcomed over 50 African leaders to Beijing this week for a summit aimed at strengthening ties amid rising global political and economic instability. The lavish reception, complete with a red carpet and colorful dance performances, was designed to convey a sense of equality and mutual respect, according to international relations experts.
South African President Cyril Ramaphosa and Kenya’s President William Ruto were among those who held one-on-one meetings with Chinese President Xi Jinping and toured key Chinese cities. This approach reflects China’s strategy to show solidarity with African nations, framing both as victims of Western imperialism.
READ MORE: Kim Jong-un Orders Execution Of 30 Officials Over Flood Response Failures
As competition from Western powers and oil-rich Gulf states intensifies, China seeks to distinguish itself by emphasizing its status as a developing country and its commitment to the Global South. China’s efforts in Africa have paid off significantly over the past two decades, making it the continent’s largest trading partner. The International Monetary Fund (IMF) reports that a fifth of Africa’s exports go to China, predominantly in metals, minerals, and fuel, while China remains the top source of manufactured goods and machinery for Africa. However, the trade balance heavily favors China.
South Africa’s President Ramaphosa has addressed the trade deficit with China, urging for a reduction in the imbalance and seeking job creation initiatives from Chinese enterprises. Meanwhile, Kenya’s President Ruto is looking for increased credit to support infrastructure projects, including the completion of the Standard Gauge Railway, road construction, and other developments. China had previously halted funding for the rail project, which remains incomplete.
China’s role as a major lender to African countries has faced scrutiny, particularly as some nations experience debt distress. Discussions on debt sustainability are expected to be a focal point at the summit. Experts emphasize the need for African countries to enhance their economies and reduce dependency on foreign powers. With China’s economic growth slowing, experts recommend that African nations focus on regional integration and structural reforms to boost local revenues and improve their financial stability.
(Includes inputs from online sources)
ALSO READ: Ugandan Opposition Leader Bobi Wine Injured in Shooting Incident
UK Minister Dan Jarvis responds to allegations that Sikhs in the UK are being targeted…
More than 50,000 security personnel, as well as drones and advanced surveillance systems, will be…
The Kerala High Court strongly criticized the state government for its failure to manage solid…
Manchester United's recent defeat at home to Bournemouth has underscored the need for significant changes…
The Calcutta High Court's division bench upheld an earlier order permitting a demonstration by a…
Indian chess has been in the spotlight recently, with Gukesh D's victory in the FIDE…