Jacob Zuma and Hu Jintao
Media playback is unsupported on your device

China pledges $20bn credit for Africa at summit

China has pledged $20bn (£12.8bn) in credit for Africa over the next three years, in a push for closer ties and increased trade.

President Hu Jintao made the announcement at a summit in Beijing attended by leaders from 50 African nations.

He said the loans would support infrastructure, agriculture and the development of small businesses.

John Sudworth reports from Shanghai

  • 19 Jul 2012
  • From the section Asia
Go to next video: What is holding China back?