‘No strings attached’: China offers US$60 billion to African nations as criticism mounts over unsustainable loans

By Ben Dooley President Xi Jinping told African leaders on Monday that China’s investments on the continent have “no political strings attached,” pledging US$60 billion in new development financing, even as Beijing is increasingly criticised over its debt-heavy projects abroad. Xi offered the funding at the start of a two-day China-Africa summit that focused on his cherished […]