China’s President Xi Jinping has pledged $60 billion in financing for development across Africa, aiming to reaffirm his commitment to the continent even as slowing growth in the world’s second-biggest economy stokes economic turmoil there.
from
http://www.wsj.com/articles/chinas-xi-pledges-60-billion-for-africa-development-over-three-years-1449224028?mod=fox_australian
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