Chinese President Xi Jinping (C, right) and South African President Cyril Ramaphosa (C, left) attending the 2018 Beijing Summit of The Forum on China-Africa Cooperation - Round Table Conference at the Great Hall of the People in Beijing on 4 September 2018. Photo: EPA-EFE

China’s growing global clout triggers an economic arms race with the Old World Order

  • Asia needs US$26 trillion of infrastructure by 2030, according to the ADB, giving China the perfect chance to win friends, said a former US envoy to the bank
Topic |   Trade

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Chinese President Xi Jinping (C, right) and South African President Cyril Ramaphosa (C, left) attending the 2018 Beijing Summit of The Forum on China-Africa Cooperation - Round Table Conference at the Great Hall of the People in Beijing on 4 September 2018. Photo: EPA-EFE
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