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Research shows Western lenders create most of African debt crisis

* African governments owe three times more debt to Western banks, asset managers, and oil traders than to China, and are charged double the interest. * The so-called debt-trap narrative exploited by the West against China is untrue, African scholars and economists told Xinhua. * Campaigners have been calling on…
United States Xu Zheng United Kingdom Kenya General Nairobi Area Cao Ying

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Research shows Western lenders create most of Africa's debt crisis

* African governments owe three times more debt to Western banks, asset managers, and oil traders than to China, and are charged double the interest. * The so-called debt-trap narrative exploited by the West against China is untrue, African scholars and economists told Xinhua. * Campaigners have been calling on…
United States Xu Zheng United Kingdom Kenya General Nairobi Area Cao Ying

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