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China's $20 Billion Pledge to Africa

Deborah Brautigam from China in Africa: The Real Story looks into the nature of China's pledge of $20 Billion to Africa at the fifth ministerial meeting of the Forum on China Africa Cooperation held in Beijing last summer:

I went back to examine the Chinese discussion around this $20 billion. The very first source I found — the Action Plan that summarizes the next steps for the FOCAC — was very clear that this pledge is not about official assistance but business.

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