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$50 billion, a million jobs and a red carpet welcome: China woos Africa as U.S. struggles to keep up

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$50 billion, a million jobs and a red carpet welcome: China woos Africa as U.S. struggles to keep up

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Chinese President Xi Jinping pledged $51 billion in funding and at least 1 million jobs for Africa on Thursday as the U.S. and China vie for influence there.

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