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