Why the U.S., Not China is to Blame for Africa’s Debt Problems
Why the U.S., Not China is to Blame for Africa’s Debt Problems
While many in the West still contend Africa’s worsening debt crisis is largely due to excessive Chinese lending, Tsinghua University Professor Tang Xiaoyang argues that accusation just isn’t true.
Instead, the well-known China-Africa scholar contends the main problems facing African borrowers today are anchored in the United States. Most of…
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I think that all American and European loans and dept should be cancelled for money already stolen.
down with Chinese Social Imperialism! ✊✊
France debt trap Africa
Many former colonies of France still pay taxes
Merica is insane
Had anyone here read the book of "the economy hitman" by john perkins.
in relation to this news headline….. Love is?
no more colonialism steeling from african country
U.S. always tries to do wrong things for the world so as to fulfill its greed and to gain benefits regardless of other people sufferings …
The international monetary fund is a tool of the US to impoverish nations to take their strategic assets n critical resources, ie, to enslave them to serve their own greed n selfish interests.
This is a form of modern day neo colonialism, to colonise a country without been seen as a coloniser
Chinese policy is for construction and developments however US policy is for raw material extraction and consumption.
The west does not want Africa to develop. This is the bitter truth.
Excellent broadcast. It’s refreshing to hear the perspectives from a thoughtful, well-spoken and knowledgeable subject matter expert from China.
Thank you.
First to “listen” to your blog. Very interesting discussion about Africa from the ground not from western main stream media mainly spewing false information & disinformation. 🙏🙏🙏🐝
As always you blame US for your irresponsible and corrupted government that led to failure. How cute!!
The west gives money to the African countries to be spend on humanitarian and consumption based.
China lends money to African countries to build infrastructure and education.
You see in here, the west likes to give you fish, so you will always dependent to them. But China will give you fishing rod, so you can fish yourself, get better life and one day you can buy more from China
Corruption and exploitation by the Western countries are to blame. But why do we keep talking of African debt and not united state debt which is nearing 38 trillions dollars or European debts?
De armoede van Afrika is door de eeuwen heen ontstaan. Eerst de fysieke , later de neo kolonialisme.
Toen China kwam was Afrika al in een deplorabele situatie. De verantwoordelijken voor die situatie willen de afrikanen niet eens helpen. China wil wel samenwerken en naar mijn mening met betere voorwaarden dan de westerlingen. En dat allemaal zonder vuile taktieken: militaire dreiging, vervanging van regeringen, hun leiders vermoorden, etc.
75% of kenya's debt is owed to China.
This is obvious to anyone who possesses even 2 brains cells. The problem is, the overwhelming majority of Americans are stupid and refuse to think beyond their country’s propaganda.
Yhe debt are previously accumulated before china came into assist africa .