For years U.S. and European leaders have been warning their African counterparts about the dangers of taking on too much debt, particularly from China. Now, it appears that some African leaders have had enough of these lectures and they’re starting to push back. They’re saying that even at levels of 50-60% GDP, African levels of debt are lower than many other regions around the world and borrowing this money is absolutely critical for their countries’ development.
And the political discourse, as it is elsewhere, is coarsening.
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