Sunday, May 19, 2019

China Concerned about Debt Default in Africa (in French)

Le Monde published on 18 April 2019 an article titled "La Chine cherce un second souffle pour ses 'routes de la soie' en Afrique" by Sebastien Le Belzic, head of the Chinafrica website.

Several African countries have recently found it necessary to reschedule their infrastructure debt with China. China's State Council has put in place new regulations concerning overseas investment to limit the risk of defaulting on loans.