China vows $50 bil. aid for Africa, seeks unity with Global South

Chinese President Xi Jinping pledged Thursday that his country will deliver about $50 billion of financial support to Africa over the next three years and jointly pursue the modernization of developing and emerging countries collectively dubbed the Global South.In his keynote speech at the opening ceremony of a China-Africa summit at the Great Hall of the People in Beijing, Xi proposed elevating relations between China and all African nations that have diplomatic ties with the Asian powerhouse to strategic ones and building a "community with a shared future for the new era."In the previous …READ FULL ARTICLE