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With or Without Debt Relief, Most Chinese Contractors in Africa Still Benefit

China has come under intense criticism from stakeholders in Africa, the U.S. and Europe for its refusal to enact an across-the-board debt relief plan for African borrowers. Instead, Beijing has opted to negotiate bilaterally and reach debt settlement agreements separately.

Marketwatch Fixed Income Reporter Sunny Oh (@SunnyOhHK) discussed the implications of this approach with Renaissance Capital’s Global Chief Economist Charlie Robertson (@rencapmanin a fascinating exchange on Twitter.

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The CAP 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-Africa stories. Updated 24 hours a day by human editors. No bots, no algorithms.


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