Is China's investment in Africa a "debt trap" or an opportunity?
Update: 2024-09-07
Description
In 2022, Africa's external debt reached $655.6 billion, with less than 10% owed to China. Despite this, Western lenders—who account for over 35% of Africa’s debt and typically charge double the interest rates—are often left out of the narrative. Instead, Western media continues to blame Chinese investments for a so-called "debt trap". But what’s the real story behind China's involvement in Africa? CGTN Radio reporter Gao Junya, who spent five years working across the continent, shares firsthand insights into the impact of Chinese investment on Africa's development.
Comments
Top Podcasts
The Best New Comedy Podcast Right Now – June 2024The Best News Podcast Right Now – June 2024The Best New Business Podcast Right Now – June 2024The Best New Sports Podcast Right Now – June 2024The Best New True Crime Podcast Right Now – June 2024The Best New Joe Rogan Experience Podcast Right Now – June 20The Best New Dan Bongino Show Podcast Right Now – June 20The Best New Mark Levin Podcast – June 2024
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
