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World Bank President raises concerns over China's loans to Africa
short by Aishwarya Awasthi / on Sunday, 2 April, 2023
World Bank President David Malpass has raised concerns over China's loans to developing economies in Africa. He said the terms and conditions of the contracts need to be "more transparent". He added that the governments in Africa should not offer collateral as an "inducement to make a loan, because it locks it up for generations. That's been happening with China".
read more at The Siasat Daily