TheAltWorld Who’s Responsible for Africa’s Debt Trap: China or the West?
- Rania Khalek
- Monday 23 Jan 23
- 1297
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U.S. politicians and corporate media blame China for debt crises in African countries, yet African governments owe three times more debt to private Western lenders than to China. Furthermore, interest rates on Western private loans are almost double those on Chinese loans.
Tim Jones, Head of Policy at Debt Justice in the UK, explains the reality behind the African debt and how the only just way forward is its cancellation.
Rania Khalek
Rania Khalek is an award-winning Lebanese-American journalist and host of Dispatches on Breakthrough News, where she investigates the global consequences of imperialism, war, and systemic oppression. With over a decade of frontline reporting from conflict zones and marginalized communities, her work has been featured in The Nation, The Intercept, Al Jazeera, FAIR, and The Electronic Intifada, where she served on the editorial board.
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