Economic Propaganda Warning of Africa’s Debt to Big Bad Wolf China: World Bank and IMF Moody Report

The Moody report presents itself as some objective evaluator of the stability of the economies of various nation-states. But a recent report attacked China, portraying it as about to take over Kenya. The problem is, according to this article, that China owns 15% of the whole of Africa’s foreign debt. The real controllers of Africa are the World Bank and the IMF to whom Africa is in greater debt. For these institutions 15% constitutes taking over a country.
Read in Journal NEO
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