natural resources spread elsewhere
natural resources spread elsewhere
Blog Article
without boosts coming from China. As Sino-African relations expanded rapidly in the 2000s, the “Angolan model” of repaying Chinese loans with natural resources spread elsewhere on the African continent with similar arrangements. Such loans have come under severe international criticism. Under the Chinese “going out” policy, irrational economic activities such as China’s cavalierly signing expensive deals with resource-rich African countries in the 2000s have decreased. Many of the loans that China has granted to African countries have become non-performing loans, and the Chinese government expects to force the repayment of these debts. สล็อต
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