Archives Tag: National assets

Politics

Excessive Government Borrowing: A Few Thoughts on Chinese Loans

April 19, 2022

An unimaginable entourage of government officials stormed Forum on China and Africa Cooperation (FOCAC), China on September 1, jostling desperately with other African leaders for a share of $60 billion of badly needed funds for infrastructural development. The move was greeted with severe criticism in droves from the elites who opined the nation is gambling … Continue reading Excessive Government Borrowing: A Few Thoughts on Chinese Loans

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