CGD in the News

At China-Africa summit, officials dismiss debt criticism (Al Jazeera)

September 20, 2018

From the article: 

Chinese and African officials have rejected criticism of Beijing's development projects on the continent as they ended a summit that included a $60bn pledge for more aid to the continent.

President Xi Jinping hosted leaders from across Africa amid questions about whether his country's Belt and Road global trade infrastructure initiative is worsening debt problems in some countries. 

... 

A study by the Center for Global Development, a US think-tank, found "serious concerns" about the sustainability of sovereign debt in eight Asian, European and African countries receiving Chinese funds. 

Read the full article here.