China's Xi promotes 'Belt and Road' as Africa growth tool

Chinese President Xi Jinping on Monday promoted Beijing's initiative to build ports and other infrastructure to African leaders as a tool for "common prosperity" in a world facing challenges from trade protectionism.

Speaking to businesspeople ahead of a conference with dozens of African leaders, Xi said the "Belt and Road" initiative will expand markets. He tried to mollify concern Beijing wants to build strategic influence, promising Chinese investment comes with "no political strings attached."
"Unilateralism and protectionism are on the rise. Economic growth lacks robust drive," said Xi in a speech. "China-Africa cooperation under the BRI is a way to common prosperity that brings benefits to both our peoples."