🇨🇳 🌍 Is Africa getting into a ‘debt trap’ with China? | Inside Story

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China is Africa’s largest trading partner and has already spent billions of dollars in investment and loans – with the promise of much more to come.

From roads and railways to ports, the Chinese government is backing large-scale projects across Africa as part of its so-called ‘Belt and Road’ initiative.

The leaders of around 50 African countries have been in Beijing for a two day summit.

China’s President Xi Jinping offered them 60 billion dollars in new financing deals.

But what are the long-term financial risks?

Presenter: Laura Kyle

Guests:
Dan Wang – Analyst, Economist Intelligence Unit
Lahcen Haddad – Morocco’s Former Tourism Minister & MP
Aly-Khan Satchu – Investment adviser

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