Chinese Belt and Road Loans in Freefall as Beijing Squeezes Every Last Cent Out of Africa

China’s massive Belt and Road Initiative (BRI) appears to be flagging in Africa, as new loans for infrastructure projects are down by over 50 percent – and more money is now flowing from African debtors to Chinese banks than the reverse.

The post Chinese Belt and Road Loans in Freefall as Beijing Squeezes Every Last Cent Out of Africa appeared first on Breitbart.

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Chinese Belt and Road Loans in Freefall as Beijing Squeezes Every Last Cent Out of Africa

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