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Liu Qinghai’s Article in Global Times
Post Time: 09/05/2018

Dr. Liu Qinghai, professor at the Institute of African Studies at ZNU (IASZNU) published a commentary in the English version of the Global Times titled “Loans Benefit Africa without Onerous Conditions,” in which she strongly refuted the negative comments made by the United States that Chinese loans are increasing African countries’ debt. The article states that Chinese loans are a very small part of Africa’s total external debt, and Chinese loans are, in fact, helping to reduce Africa’s debt burden under current infrastructure conditions. Furthermore, they help to increase African countries’ GDP in many ways, which will indirectly help reduce the debt burden of other countries. (Translated by Jiao Tingting, edited by Kendra Fiddler)

The author is head of the Center for African Economic Studies at the Institute of African Studies at Zhejiang Normal University and visiting scholar of the China-Africa Research Initiative at Johns Hopkins' School of Advanced International Studies.

The original commentary can be read at: http://www.globaltimes.cn/content/1095163.shtml?from=timeline


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