APO: China Is Loaning Billions of Dollars to African Countries. Here's Why the U.S. Should Be Worried
Next week, China will host leaders from across Africa for a summit in Beijing. The last summit was held in December 2015 in Johannesburg, South Africa, where Chinese President Xi Jinping announced $60 billion in funding support for infrastructure development in Africa.
The upcoming Forum on China-Africa Cooperation is sure to include an eye-popping announcement of billions of dollars more in Chinese financing to build infrastructure across the continent. But these massive loans ...
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Added September 04, 2018