What does China's $50B package mean for Africa and the West? | Inside Story

China promises African nations 50-billion dollars in loans and funding at a summit of leaders in Beijing. It underlines the country's position as the continent's number one investor. What does this investment mean for Africa, China and its western rivals? Presenter: James Bays Guests: Hannah Ryder, CEO of Development Reimagined, an independent development consultancy, former diplomat and economist. Sanusha Naidu, Senior Research Associate at the Institute for Global Dialogue in In Cape Town. Einar Tangen, Senior Fellow at the Taihe Institute in Beijing. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #China #XiJinping #ForumOnChinaAfricaCooperation #ChinaAfricaSummit #TradeRelations #ChineseInvestments #AfricanDebt #GlobalSouth #InfrastructureProjects #GreenTech #ElectricCars #AfricaChinaTies #Geopolitics #FOCAC #AlJazeeraEnglish