The world now cant do without China...the US and EU owe China more than $3T infact, China is the world's largest holder of foreign exchange reserves. Those reserves are growing all the time and currently stand at a record $3.44 trillion (the size of the German economy) China knows that Africa is the last frontier, this is the best place to invest and get good returns.
So If you were a decision maker, would you seek a loan from one charging an interest of 0.1% or another charging 2%? Of course the one charging you higher is looking for ways to settle his debt with China
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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