Chinese president Xi Jinping announces another $60 bn aid for Africa, dismisses criticism over driving countries into ‘debt trap’

Chinese president Xi Jinping announces another $60 bn aid for Africa, dismisses criticism over driving countries into 'debt trap' Press Trust of India Chinese President Xi Jinping on Monday announced a whopping $60 billion in new development financing for the African nations as he sought to refute criticism that the massive funding under Beijing's Belt and Road Initiative (BRI) drawing the countries into a debt trap The post Chinese president Xi Jinping announces another $60 bn aid for Africa, dismisses criticism over driving countries into 'debt trap' appeared first on Firstpost. FirstPost Unsubscribe from these notifications or sign in to manage your Email Applets.