News Snapshot:
China wins majority of mega projects in Africa despite fear of debt-trap diplomacy China wins majority of mega projects in Africa despite fear of debt-trap diplomacy Author : ANI Last Updated: Mon, May 17th, 2021, 20:25:08hrs Beijing [China], May 17 (ANI): Despite accusations of debt-trap diplomacy by Beijing, Chinese companies are winning a majority of mega projects in Africa and account for a large chunk of the revenue of all the major international contractors in the continent. Chinese construction and engineering contractors "have attained a dominant position in the African market" and were winning larger-scale or technically more demanding projects,...
