China stops short of Africa debt relief as it pledges more cash - SABC News

China stopped short of providing the debt relief sought by many African countries

stopped short of providing the debt relief sought by many African countries this week, but pledged 360 billion yuan over three years in credit lines and investments.

“China is moving back on to the front foot in terms of overseas deployment of capital in the emerging markets,” said Tellimer’s Hasnain Malik, while adding it was not yet at pre-COVID levels.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SABC News Online /  🏆 32. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China stops short of Africa debt relief as it pledges more cash - SABC NewsChina stopped short of providing the debt relief sought by many African countries this week
Read more »

Board chair says no conversation around retrenchments at SABC - SABC News - Breaking news, special reports,The SABC Bill seeks to create a new funding model for the corporation
Read more »

Africa public health body declares mpox emergency - SABC News - Breaking news, special reports, world,Africa CDC had warned last week of an alarming rate of spread of the viral infection
Read more »

China pledges to encourage investment in Nigeria - SABC News - Breaking news, special reports, world,The two countries agreed to encourage 'flexible and diverse' regional monetary.
Read more »

German infection expert says mpox vaccine's must be sent to Africa - SABC NewsSander said that further global spread was 'bound to happen'.
Read more »

Nearly 68 million suffering from drought in Southern Africa, bloc - SABC NewsAbout 68 million people in Southern Africa are suffering the effects of an El Nino
Read more »