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African nations wary of China’s soft loan trap

Beijing [China], February 16 (ANI): Witnessing the living example of Sri Lanka’s economic crisis, African countries, which are caught in China’s soft loan trap, are fearing that Beijing won’t bail them out, Pardafas.com reported.
China’s offer to ease Sri Lanka’s financial woes with a two-year moratorium on its debt repayments has shocked Sri Lanka and the global community with financial experts stating that the debt reli