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Chinese Foreign Minister Wang Yi on Thursday refuted claims that China was tarpping African nations in debt trap by lending huge amounts of loans. Yi said such claims was just a 'narrative' pushed by opponents. He was speaking in Mobasa, Kenya ahead of touring China-funded infrastructure projects in the country.
Wang Yi claimed that Chinese loans to African nations were 'mutually benefiting'. He said that the loans were not a strategy to win diplomatic and commercial concessions
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