Chinese MOCK The WakeUp Africa Movement According To African Countries That Are In Debt To China.

#China #AfricaChina #Chinesedebt

Debt-trap diplomacy is a term used as criticism of foreign policy of the Chinese government. It claims China intentionally extends excessive credit to another debtor country with the alleged intention of extracting economic or political concessions from the debtor country when it becomes unable to honor its debt obligations (often asset-based lending, with assets including infrastructure). The conditions of the loans are often not made public and the loaned money is typically used to pay contractors from the creditor country.
The research on the issue is disputed. According to Johns Hopkins University School of Advanced International Studies, researchers have warned that African countries might be unable to repay Chinese loans, however Chinese loans are noted not a major contributor to debt distress in Africa.
In today’s video, let’s take a look at african countries with the biggest Chinese DEBT and how much.

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