Published: September 04, 2018
China is Africa’s largest trading partner and has already spent tens of billions of dollars in investment and loans – with the promise of much more to come.
From roads and railways to ports, the Chinese government is backing large-scale projects across Africa as part of its so-called Belt and Road initiative.
The leaders of more than 50 African countries have been in Beijing for a two-day summit.
China’s President Xi Jinping offered them $60bn in new financing deals. But what are the long-term financial risks?
Presenter: Laura Kyle
Guests:
Dan Wang – Economist Intelligence Unit analyst
Lahcen Haddad – Morocco’s former tourism minister and MP
Aly-Khan Satchu – CEO of investment advisory firm Rich Management Ltd
Source: Al Jazeera News
from Trendy News Today https://ift.tt/2oFZbzd
via IFTTT
0 Comments