Africa-China Debt Relationship: A ticking time bomb
Sino-African relations predate the 21st century, but an increased focus on establishing long-term relationships began in 1996 when then-President, Jiang Zemin, assembled other Chinese dignitaries for bilateral dialogue across the continent. Since 1996, China’s involvement in Africa’s economy, trade, and infrastructure has grown exponentially. For context, the trade volume in 2000 was earmarked at $10.6bn;