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(China/Africa) China’s Debt Grip on Africa (Paola Subacchi, Project-Syndicate)

Since the 2008 global financial crisis, China has steadily increased its direct lending to developing countries – often with draconian conditions attached. Debt moratoria during the pandemic, while important, will not solve this problem.

https://www.project-syndicate.org/commentary/covid19-africa-debt-relief-china-by-paola-subacchi-2021-01