This is an opinion piece written by a serious China scholar who specializes on China-Africa relationship. Her blog is also excellent for information about China-African affairs.
Is China the World’s Loan Shark?
to be continued...Some say Beijing lends money for infrastructure and development to pressure poor countries with debt. Not so.
By Deborah Brautigam
Ms. Brautigam is an expert on China-Africa relations at Johns Hopkins University.
WASHINGTON — Representatives from more than 150 countries began to gather in Beijing on Friday for
Some call the
Others accuse China of using B.R.I. as a way to flex its economic muscle for political gain on the sly. The whole effort is a cover for “
China does not publish details about its overseas lending, but the
Based on the findings of both institutes, it seems that
Take Africa. The International Monetary Fund estimates that as of late January some 17 low-income African countries already were in, or were at risk of, “debt distress,” or of experiencing difficulties in servicing their public debt. We at the China Africa Research Initiative