Who’s Responsible for Africa’s Debt Trap: China or the West?

Rania Khalek- U.S. politicians and corporate media blame China for debt crises in African countries, yet African governments owe three times more debt to private Western lenders than to China.

U.S. politicians and corporate media blame China for debt crises in African countries, yet African governments owe three times more debt to private Western lenders than to China. Furthermore, interest rates on Western private loans are almost double those on Chinese loans.

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https://thealtworld.com/rania_khalek/whos-responsible-for-africas-debt-trap-china-or-the-west