Earlier this month , at a much-ballyhooed summit meeting in Beijing attended by political leaders from all but five African states -LRB- the ones that recognize Taiwan -RRB- , the Chinese president , Hu Jintao , announced that China would provide $ 5 billion in preferential loans and credits over the next three years , effectively doubling aid to Africa , while canceling many outstanding debts .
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Hu Jintao /people/person/nationality China
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China /location/country/administrative_divisions Beijing
China /location/country/capital Beijing
Taiwan /location/administrative_division/country China
China /location/country/administrative_divisions Taiwan
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