Why thinking of China debt trap diplomacy is a fallacy

CBK Governor Kamau Thugge. FILE PHOTO | NMG

Last month, the South African Institute of International Affairs published my policy insight on the Chinese Debt Trap.

In short, Africa’s growing public debt has sparked a renewed global debate about debt sustainability on the continent. This is largely due to the emergence of China as a major financier of African infrastructure, resulting in a narrative that China is using debt to gain geopolitical leverage by trapping poor countries in unsustainable loans.

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Note: The results are not exact but very close to the actual.