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Impact of China’s continuous lending on SSA economies

PUBLISHED: Thu, 22 Nov 2018 08:57:10 GMT

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According to ratings agency Moody’s, lending to Sub-Saharan economies by Chinese entities increased to over 10 billion dollars annually between 2012 and 2017 from less than a billion dollars in 2001. Chamberlain Peterside, Managing Director and Chief Executive Officer of Xcellon Capital Advisors joined CNBC Africa’s Christy Cole to discuss the impact of China’s continuous lending on Sub-Saharan Africa’s economies.

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