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African nations now send more money to China than they receive in new loans

todayJanuary 28, 2026 1

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African nations now send more money to China than they receive in new loansChina’s role as a leading financier to developing nations has ‌shifted over the past decade, with new loans to poorer countries falling sharply while debt repayments continue to rise, according to analysis released by ONE Data.

Source: www.myjoyonline.com

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