China has waived the debt of some African countries. But it’s not about refinancing
China has waived the debt of some African countries. But it’s not about refinancing: Chinese president Xi Jinping addressing the China-Africa Summit via a video link from Beijing on 17 June 2020. Huang Jingwen/Xinhua via Getty Images In mid-August, China’s Ministry of Foreign Affairs surprised the world with a series of announcements. Wang Yi, Beijing’s …