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By:https://twitter.com/@robert_scheer

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China Forgives 23 Loans for 17 African Countries, Expands ‘Win-Win’ Trade and Infrastructure Projects

China is forgiving 23 interest-free loans for 17 African countries, after already cancelling $3.4 billion and restructuring $15 billion of debt from 2000-2019. Beijing pledged more infrastructure projects and offered favorable trade deals in a “win-win” model of “mutually beneficial cooperation.”

https://scheerpost.com/2022/08/23/china-forgives-23-loans-for-17-african-countries-expands-win-win-trade-and-infrastructure-projects/?utm_source=rss&utm_medium=rss&utm_campaign=china-forgives-23-loans-for-17-african-countries-expands-win-win-trade-and-infrastructure-projects

By @@robert_scheer@twitter.com

Read more at:  https://UncensoredNews.US/financial-capitalism

#cold-war #china-debt-cancellation #ben-norton #belt-and-road-initiative #wang-yi #africa #robert-scheer #african-union #china #xi-jinping #debt-trap #beijing #multipolarista #scheerpost #russia #us-foreign-policy #china-africa #international #antony-blinken

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China Forgives 23 Loans for 17 African Countries, Expands ‘Win-Win’ Trade and Infrastructure Projects

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