China is using the current economic downturn “as an opportunity to take geopolitical power away from Western societies,” said international development economist and best-selling author Dambisa Moyo in an interview with the institutional finance publication Investment & Pensions Europe.
Moyo, who also worked at the World Bank and Goldman Sachs, has long been a critic of the U.S. and European-led financial system as it relates to Africa and has generally been quite supportive of China’s engagement strategy in Africa.
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