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China tightens lending taps, leaving African markets vulnerable

Japan Times LogoJapan Times2 mo ago

China tightens lending taps, leaving African markets vulnerable

Quick Summary

Africa’s largest bilateral creditor has been scaling back lending in the region amid its worsening growth woes.

China, Africa’s largest bilateral creditor, has been scaling back lending in the region amid its worsening growth woes.

Developing countries in Africa are losing a champion that for years allowed them to borrow at cheaper rates than they could find in capital markets.


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News Analysis

Author / Journalist: Colleen Goko

Category: Nation Politics

Topics: List Sites Comment Page Africa’s Allowed Rates Time Subscription Plan Enjoy

Source Website Secure: Yes (HTTPS)

Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

News Source URL: japantimes.co.jp

Readership Location: Japan

Published Date: 2022-10-03, 13:35:56

News Timezone: GMT +9:00

Language: English

Original Article Length: 234 words

Reading Duration: 2 minutes read

Compatibility: Desktop Web, Mobile Web, iOS App, Android App

News ID: 2783956

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About Publisher

Japan Times Logo

Name: Japan Times

Main Topics: NationPolitics

Official Website: japantimes.co.jp

Update Frequency: 40 posts per day

Last Update: 59m ago

Headquarters: Japan

Coverage Areas: Japan

Publication Owner: Independent Company

Publication Timezone: GMT +9:00

Languages Covered: English

RSS Feed: Available (XML)

API Available: Yes

Website Security: Secure (HTTPS)

Publisher ID: #132

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