China floods Africa with needed dollars, stoking US concern
The Chinese built the railway, and part of the port, and the new military base next door. On the other end of the line, Chinese dollars financed
Across the
From
"We are not in any way attempting to keep Chinese investment dollars
Those terms lead to deals in which Chinese workers, not Africans, get the construction jobs, Tillerson and other
Some African countries now owe sums double that of their annual economic output, the
"We are not that worried," Youssouf said, standing next to Tillerson as the top
There are obvious reasons why
But there's a problem, African politicians and economists say:
And African nations realize that
"They're ready to basically do business," said
"No one dominates, and all parties participate on an equal footing," Chinese Foreign Minister
The eye-popping investments through
In
"We are not naive to think that some of the activities the Chinese are doing in terms of counterintelligence there — they are taking place," Waldhauser told the
For better or worse,
Already, there are cautionary tales, critics say.
In
In
Reach
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