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‘Funds not for vanity projects’


BEIJING: Chinese President Xi Jinping (pic) said that Chinese funds are not for “vanity projects” in Africa but are to build infrastructure that can remove bottlenecks in the continent’s development.

Speaking at a business forum ahead of the start of a once-every-three-years China Africa summit, Xi said: “Resources for our cooperation are not to be spent on any vanity projects, but in places where they count the most.”

China

   

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