Tag: china loans

Beijing’s Waiver of African Loans Reveals Its Deceptive Nature in Foreign Lending: Experts

Recently, the Chinese Communist Party (CCP) made an attention-grabbing announcement that it plans to waive 23 interest-free loans, made to 17 African countries, and that matured at the end of 2021. However, experts pointed out that the announcement was made to downplay the economically destructive consequences of the deceptive Belt and Road Initiative (BRI), as…


Is China Becoming the World’s Loan Shark?; Twitter Lawyers to Question Elon Musk | NTD Business

The legal battle between Twitter and Elon Musk is heating up. Twitter lawyers will soon get the chance to question the world’s richest man. Automaker Ford’s stock suffers its worst day in over a decade, as supply chain issues are set to take a big bite out of its profit. A U.S. Treasury official takes…