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How is China Going to Approach the Debt Crisis in Africa?

Exterior of the Chinese Ministry of Commerce headquarters in Beijing. Image via CGTN.

One of the big questions around the burgeoning debt crisis in Africa is how will China respond? With an estimated $152 billion of outstanding loans on the continent, Beijing is by far the continent’s largest bilateral creditor. 

No discussion about meaningful debt relief in Africa is complete without factoring the Chinese response.

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What is The China-Global South Project?


The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.


A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.


Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.


A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.