China is not trapping Africa in debt: Foreign minister
[AlAhram] China's Foreign Minister Wang Yi on Thursday rejected suggestions that Beijing was luring African countries into debt traps by offering them massive loans, dismissing the idea as a "narrative" pushed by opponents to poverty reduction.
Wang, speaking ahead of touring Beijing-funded infrastructure projects in Kenya, said China's considerable lending to Africa was "mutually benefiting" and not a strategy to extract diplomatic and commercial concessions.
"That is simply not a fact. It is speculation being played out by some with ulterior motives," he told news hounds in the Kenyan port city of Mombasa.
Posted by: trailing wife 2022-01-08 |