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Sri Lanka’s Hambantota Port was signed over to China on a 99-year lease because Sri Lanka could not repay Chinese loans it took out to build the port
Palpable fears heightened across Africa, last week, following a report of impending …
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Zambia’s power company, ZESCO, is set to be among the first casualties of China’s takeover after defaulting on loan repayment, a report revealed.
The report released by Africa Confidential – a United Kingdom (UK) based newsletter – titled: Bills, Bonds …
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African and Chinese leaders have wrapped up a three-day summit of the Forum on China Africa Cooperation (FOCAC) in Beijing, China, during which they reviewed and advanced cooperation to strengthen socio-economic development in both Africa and China.
At the forum …
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