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- China is one of Africa's largest trade partners, providing over $140 billion in loans to finance infrastructure projects1. Critics say that Beijing is practicing debt-trap diplomacy, by lending to countries that it knows cannot repay the loans. Debt-trap diplomacy involves extending loans to countries and taking control of key assets if the debtor defaults on repayments2. While China is the continent’s biggest bilateral creditor, most of the debt is due to private Western holders of African debt, according to the researchers2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.China has a long history of economic and political ties with Africa. It is one of the continent's largest trade partners, providing over $140 billion in loans to finance infrastructure projects. Critics say that Beijing is practicing debt-trap diplomacy, by lending to countries that it knows cannot repay the loans.www.voaafrica.com/a/6934531.htmlDebt-trap diplomacy involves extending loans to countries and taking control of key assets if the debtor defaults on repayments. While China is the continent’s biggest bilateral creditor, most of the debt is due to private Western holders of African debt, according to the researchers.www.scmp.com/news/china/diplomacy/article/3180…
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