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China rarely agrees to debt write-offs. African countries are important to China’s long-run development agenda. Debt write-offs may be necessary if both want to benefit from the changed world economy, post-coronavirus. The COVID-19 pandemic and related measures have brought the world economy to a shuddering halt. In April the price of a barrel of oil on the New York Mercantile Exchange reached minus $37.63 ; airlines are not alone in shedding tens of thousands of staff. The GDP of […]

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