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Tuesday, January 8, 2019

Africa: Why Djibouti’s China debt is raising the alarm | Euromoney

Africa: Why Djibouti’s China debt is raising the alarm | Euromoney: Warning sirens are sounding about the level of debt Djibouti owes to China for Belt and Road projects. The local view is that they need the money and China is the country that is offering it. But the fate of the Djibouti-Addis Ababa railway represents the financial challenges of BRI in a 756-kilometre microcosm.

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