Home World Xi announces another $60bn for Africa; dismisses ‘debt trap’ criticism

Xi announces another $60bn for Africa; dismisses ‘debt trap’ criticism

By
Arpita Goswami
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458
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(G.N.S) DT.04 Chinese President Xi Jinping yesterday announced a whopping $60 billion in new development financing for the African nations as he sought to refute criticism that the massive funding under China’s Belt and Road Initiative (BRI) is drawing the countries into a debt trap.The funds have been announced on top

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