Monday, August 12, 2019

China Facing Debt Forgiveness in Africa

The South China Morning Post published on 11 August 2019 an article titled "Lender's Remorse? China Finds Africa Projects Require a Growing Wave of Debt Forgiveness" by Jevans Nyabiage.

The author makes the case that China, perhaps yielding to growing criticism over its lending practices in Africa, is writing off or restructuring debt for an increasing number of African countries in financial distress.

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