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China vows to maintain long-term ties with Africa even as Belt and Road lags

China vows to maintain long-term ties with Africa even as Belt and Road lags
China vows to maintain long-term ties with Africa even as Belt and Road lags

 


A recent speech by Chinese President Xi Jinping signaled that China is committed to a long-term economic relationship with Africa, in part to guard against strategic competition with the West. But fiscal and security constraints will limit Beijing’s ability to deliver on its fiscal promises to African countries. On September 5, Xi Jinping delivered a keynote speech in Beijing at the 2024 Forum on China-Africa Cooperation (FOCAC) summit. At the triennial summit, China outlined its plans for engagement with Africa, including through the Belt and Road Initiative (BRI), China’s program to expand its international trade, political, and infrastructure ties launched in 2013. During his speech, Xi denigrated the West’s modernization efforts in the developing world as “great suffering,” likened China’s support to offering Africa a “new type of international relations” with “modernization tailored to national conditions,” and presented China-Africa modernization as a model for the Global South. Moreover, Xi Jinping said that the West's modernization efforts in the developing world were “a source of great suffering,” comparing China's support to offering Africa a “new type of international relations” with “modernization tailored to national conditions,” and presenting Sino-African modernization as a model for the Global South.…

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