Nigeria: Assets-Tied Loans - China Counters 'Distorted' Reports

29 November 2021

Critics - including watchers in Nigeria, Africa's largest economy that is also relying on "generous" Chinese loans to fund critical infrastructural ambitions - say Beijing is herding poor African nations towards a death trap and endangering their sovereignty.

No African asset tied to loan deals has ever been surrendered to China due to default, the Chinese embassy in Uganda has said.

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