“China is providing us the technology, the equipment, and of course the financial assistance, which is helping promote the development of African countries.”
While still a work in progress, FOCAC, with leaders of its members gathering in Beijing this September for the Third Summit, will offer a milestone in the life of the organization.
“When we trade with China, it’s win-win cooperation, and this equal partnership is benefitting Africa more.”
“I think China is playing a key role in the development of Africa, and in particular Zimbabwe.”
“China presents a positive development model to us developing countries, particularly African countries and we would like to become part of this dynamic initiative launched by China.”
The next priority of jointly advancing the initiative is to realize its high-quality development, Xi said.
As Central Asian countries actively integrate their national strategies with the Belt and Road Initiative, some Western media are misinterpreting and even censuring the initiative.
Hendy Yuniarto, a 29-year-old Indonesian, carries the cultures mixed by the Indian and Pacific Oceans to China. His story shows mutual intelligibility between two millennial ancient countries.
The Belt and Road Initiative is a new international public good provided by China to the whole world and an important conduit for China to promote building a community with a shared future for mankind in the new era, demonstrating China’s key contributions to global peace, development, and win-win cooperation.
China has always placed ASEAN squarely on the first page of its foreign cooperation agenda, regarding ASEAN as a priority in its foreign policy and a key region for the development of the Belt and Road Initiative.
Debt Trap is originally a western economic term, meaning that a debtor accepts a debt tempted by certain interests and then is trapped in a long-term debt obligation which is hard to get free from due to high interest rates, changing pay-off plans or unreasonably high penalties for late payments.
Papua New Guinea (PNG) and China established official diplomatic relations in 1976, which is reaching its peak in 2018, and likely to continue to grow.