Study Reveals Near Two-Decade Low in Chinese Loans to Africa

In 2022, Chinese sovereign lending to Africa plunged below $1 billion, marking the lowest level in nearly two decades. This decline underscores Beijing’s departure from its longstanding strategy of investing heavily in large-scale infrastructure projects across the continent. The data, sourced from Boston University’s Global China Initiative, emerges against the backdrop of several African nations … Continue reading Study Reveals Near Two-Decade Low in Chinese Loans to Africa