China May Agree to Delay, Not Forgive, $150 Billion Africa Debt
- Asian nation likely to review loans only on case-by-case basis
- Approach differs from prior plans from multilateral lenders
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China, Africa’s largest bilateral creditor, is likely to agree to delay but not forgive its $152 billion of loans, an approach at odds with prior forbearance plans from groups including the Paris Club, according to a top Johns Hopkins University researcher.