How do Chinese financial terms compare to those of Western lenders...

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2025-11-06 05:14:39 - Translate -

How do Chinese financial terms compare to those of Western lenders — and are African leaders even negotiating fairly?

In the 21st century, China has become Africa’s largest bilateral creditor and investor, surpassing the World Bank and the International Monetary Fund (IMF) in infrastructure financing. Its “no-strings-attached” approach, fast project delivery, and readiness to fund high-risk ventures have made it a preferred partner for many African governments. Yet, beneath the shiny...

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