There’s a Complex Mix of Historical Anxiety Wrapped Into Nigerians’ Concerns Over Chinese Loans

To get a sense of just how widespread the concern is in Nigeria over Chinese loans, head over to the Twitter page of popular comedian and actor Bright Okpocha, aka Basketmouth, where since last Thursday he’s pinned a semi-serious monologue decrying the risks of indebtedness to China. 

“Let’s look at the bright side,” he sarcastically tells his 2 million followers, “In the next ten years, the Chinese language will be our second language. I’ve always wanted to learn Chinese.”

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by Eric Olander

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Developing Countries’ Debt Servicing Costs to China Are Significant, but Nowhere Near as Much as Other Creditors
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