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The Sunday Debate: China, friend or foe?

Intelligence Squared

China's Massive Investment Is on the Basis of Debt

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There's a 90 billion dollar a deficit in infa structure in africa every year. China's really the only realistic country to be able to support in helping that. It's up to the nations themselves how they're going to use this financial support. They could consume it, run into domestic debt crises, as many other developing countries have in the past. or invest in intstructure and human capital and spur o economic growth.

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