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Harry Verhoeven Politics

China has waived the debt of some African countries. But it’s not about refinancing

In mid-August, China’s Ministry of Foreign Affairs surprised the world with a series of announcements. Wang Yi, Beijing’s most senior diplomat, promised extensive debt relief for some of the world’s poorest countries. The announcement was made at the ministerial meeting of the Forum for China Africa Cooperation.

Harry Verhoeven Politics
China has waived the debt of some African countries. But it’s not about refinancing
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