China pushes smaller, smarter loans to Africa to shield from risks

Legit | 06-09-2024 05:20pm |

China's years of splashing cash on big-ticket infrastructure projects in Africa may be over, analysts say, with Beijing seeking to shield itself from risky, indebted partners on the continent as it grapples with a slowing economy at home. The BRI made headlines for backing big-ticket projects in Africa with opaque funding and questionable impacts.

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