EQ3 is china burdening africa with debt? Flashcards
1
Q
What evidence is there to prove that China is burdening Africa with debt?
A
-Around 20% of external debt of Africa is owned to china
-17 African counties with debt exposure to china will potentially be unable to repay their loans
-It is said that China’s lending policy to Africa encourages corrupt deals and endangered its natural resources
2
Q
What evidence is there against China burdening Africa with debt?
A
-Most of chinas loans to Africa go to infrastructure projects such as roads, railways and ports