China stops short of African debt relief at triennial summit

Workers stand behind a box with national flags of African nations during a press conference led by Chinese Foreign Minister Wang Yi and his counterparts, Senegal’s Yassine Fall and Congo's Jean-Claude Gakosso during the Forum on China-Africa Cooperation in Beijing, Sept. 5, 2024.

China stopped short of providing the debt relief sought by many African countries this week, but pledged $50.7 billion over three years in credit lines and investments.