China loans create ‘new wave of Africa debt’ – Eoin Callan and Alan Beattie
From the Financial Times, a look at another implication of China’s recent involvement in Africa: The International Monetary Fund warned on Thursday that China’s emergence as an alternative lender was creating a new wave of hidden debt in Africa as it backed its companies’ expansion overseas with increasingly aggressive lending. Adnan Mazarei, a director at […]
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