China-Africa Blanket Debt Forgiveness Not in the Cards  | Voice of America

WASHINGTON – As China tightens its belt economically in response to the coronavirus, African leaders are anxious about the future of infrastructure projects, trade and, in some cases, are requesting debt relief. 

China is Africa’s largest trading partner with over $200 billion in combined imports and exports annually. China has also financed billions of dollars of infrastructure projects like roads, ports and railroads across the continent.  

But COVID-19 has taken a toll on the world economy, harming African countries’ ability to repay debt and decreasing China’s willingness to…

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About Author: integral
A free-thinking individual who strives to maintain psychological balance between the two polar aspects of Human Nature; Desire and Conscience. However, These conditions can never be balanced because inertia will carry us to extremes. Balance is a constant struggle therefore I live by the principles of the HERU Interface