China-Africa Blanket Debt Forgiveness Not on the Cards
Yun Sun, the director of the China program at the Stimson Center, a Washington-based policy research center says that "the Chinese economy is taking a heavy hit from COVID-19" and "that's absolutely going to dampen the Chinese ability to disperse financing or continue to support infrastructure projects in developing countries including Africa, at a rate that it did before'.
(File photo).
InFocus
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The U.S. has unveiled a U.S.$60 billion investment agency seeking to invest in low and middle-income countries with a special focus on Africa. This comes six months after the U.S. ... Read more »
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Economic growth is supposed to be the tide that lifts all boats. While developing countries are being encouraged to follow examples set by China, India and south east Asia and ... Read more »