China vows billions of development dollars, debt forgiveness

Chinese President Xi Jinping addresses the 2015 Sustainable Development Summit, Saturday, Sept. 26, 2015 at United Nations headquarters. (AP Photo/Seth Wenig)UNITED NATIONS (AP) — China’s president on Saturday pledged billions in aid and said Beijing will forgive debts due this year in an effort to help the world’s poorest nations, as world leaders begin to seek the trillions of dollars needed to help achieve sweeping new development goals.

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