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China unveils raft of measures to support Global South
The Straits Times
|November 20, 2024
Chinese President Xi Jinping announced a raft of measures designed to support the Global South at a gathering of leaders of the Group of 20 (G-20) major economies in Rio de Janeiro, China's state television CCTV reported on Nov 18.
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In his first remarks at the G-20 summit, Mr Xi said China would support global development with eight actions, including building a "high-quality" Belt and Road Initiative, his signature foreign policy plan that directs large Chinese investments to infrastructure projects in the developing world.
He also announced that China, along with Brazil, South Africa and the African Union (AU), was launching an Open Science International Cooperation Initiative designed to funnel scientific and technological innovations to the Global South.
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