So-called "debt trap" in Africa is political slander against China: expert

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So-called "debt trap" in Africa is political slander against China: expert

STORY: So-called "debt trap" in Africa is political slander against China: expert DATELINE: July 22, 2022 LENGTH: 00:01:45 LOCATION: Abuja CATEGORY: ECONOMY/POLITICS SHOTLIST: 1. various of China and Africa related footage 2. SOUNDBITE 1 (English): CHARLES ONUNAIJU, Director of Nigeria-based Center for China Studies 3. SOUNDBITE 2 (English): CHARLES ONUNAIJU, Director of Nigeria-based Center for China Studies STORYLINE: Recent studies have revealed that private Western creditors are responsible for the lion's share of Africa's debt burden. In a report released last week, Britain-based charity Debt Justice found that African governments owe three times more debt to Western banks, asset managers, and oil traders than to China, and are charged double the interest. A Nigeria-based analyst said that the so-called "China debt trap" touted by Western politicians is political slander against China, and the narrative is untrue. SOUNDBITE 1 (English): CHARLES ONUNAIJU, Director of Nigeria-based Center for China S

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