China pushes smaller, smarter loans to Africa to shield from risksFri, 06 Sep 2024 05:09:02 GMT
China’s years of splashing cash on big-ticket infrastructure projects in Africa may be over, analysts say, with Beijing seeking to shield itself from risky, indebted partners on the continent as it grapples with a slowing economy at home.Beijing for years dished out billions in loans for trains, roads and bridges in Africa that saddled participating …