China still committed to Africa despite Covid-19 disruption, minister says

China will not scale back its investment in Africa, a Chinese diplomat said before a ministerial forum with the continent next week.Beijing has become one of Africa’s largest creditors in recent years, lending hundreds of billions of dollars to governments to finance the bulk of their infrastructure. Africa is also home to a third of the countries that have signed up to China’s transcontinental infrastructure strategy, the Belt and Road Initiative.But China’s dwindling appetite for large-scale…


See also  SCMP’s China Internet Report 2020 finds that Covid-19 has accelerated digitisation of economy

Leave a Reply