The recent FOCAC summit in Beijing highlighted the increasing competition between China and the US for influence in Africa. This rivalry has prompted the EU, US, Japan, and India to launch their development initiatives as a countermeasure to China's BRI.
Amidst concerns over Beijing's debt-trap diplomacy, China positions itself as a champion for developing nations, challenging the Western-dominated global order. With China being Africa's primary trading partner and investor for the past 15 years, its loan policies have come under scrutiny.
While some argue these loans could lead to debt traps, others like Humphrey Moshi reject this narrative. As the Belt and Road Initiative expands trade routes, the FOCAC summit saw China aiming to strengthen its relationship with African nations.
UN Secretary-General Guterres participated in the summit, shedding light on the significance of China's growing influence in Africa through its evolving loan strategies and diplomatic outreach.
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