WASHINGTON
Chinese President Xi Jinping promised Monday to cancel debt for some of Africas least-developed countries.
Erasing debt tied to interest-free loans has long been a part of Chinas policies in Africa. But the announcement, made at Xis opening speech at the 2018 Forum on China-Africa Cooperation, or FOCAC, comes amid growing concern over Chinas lending practices, which some have deemed debt-trap diplomacy.
Yet Chinese loans make up just a small portion of Africas debt, W. Gyude Moore, a visiting fellow at the Center for Global Development, told VOA. Moore is Liberias former minister of public works and focuses on infrastructure financing in Africa.
He put the continents total debt burden at about $6 trillion, most of which …
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