Bloomberg published on 3 September 2024 an article titled "Xi Wants Bigger Returns, Fewer Headaches from African Debt Deals" by Neil Munshi and Peter Martin.
As African leaders arrive in Beijing for the Forum on China-Africa Cooperation, the authors emphasize that China is seeking different ways of financing large projects in Africa that don't add to the debt woes facing a number of African countries. Not only will there be a decrease in the number of mega loans that China provided several years ago, but it is looking to offer more public-private partnerships.
