China, Africa and the big coronavirus debt relief question

Source: China – South China Morning PostWhen the coronavirus pandemic began to batter economies around the world early last year, G20 members – including China – came up with a debt relief scheme to help the most vulnerable countries.The Debt Service Suspension Initiative (DSSI) launched on May 1, 2020, offered temporary help to dozens of African nations.In all, about US$5 billion in assistance to 40 eligible countries has been granted under the scheme, including US$2.1 billion from China. In November, China clarified, saying it had…Read More

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