Despite debt woes, Africa still sees China as best bet for financing

China's President Xi Jinping (R) and Sierra Leone's President Julius Maada Bio (L) arrive for a welcome ceremony at the Great Hall of the People in Beijing, China August 30, 2018. Roman Pilipey/Pool via REUTERS

JOHANNESBURG/BEIJING (Reuters) – A wave of African nations looking to restructure debt with China on the eve of a major Beijing summit provides a reality check for the continent, where most countries still view Chinese lending as the best bet to develop their economies. China has denied engaging in “debt trap” diplomacy, but President Xi […]

Continue reading this article with a Fiji Times online membership.