Friday, September 6, 2024

South African President Denies China Pushes Countries into Debt Trap

 Reuters published on 5 September 2024 an article titled "China Is Not Pushing Africa into Debt Trap, South African President Says" by Joe Cash.

Speaking in Beijing, South African President Cyril Ramaphosa said he does not believe that Chinese loans to African countries, including those for large infrastructure projects, end up in a debt trap or a debt crisis