China has poured billions into Africa’s infrastructure. Is it now tightening the tap? ...Egypt

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China has poured billions into Africa’s infrastructure. Is it now tightening the tap?
Hong Kong CNN  —  The inauguration of two new electricity-generating units in Zimbabwe’s Hwange power station last month was not an unfamiliar scene when it comes to major infrastructure projects in Africa. There, in a rural corner of the southern African nation, government officials and the Chinese ambassador gathered to ribbon-cut and laud the expansion of the coal-fired plant meant to reduce power cuts in the country – and Beijing’s role in funding it. The project, backed by roughly $1 billion in Chinese loans years before Beijing stopped funding new coal-powered projects overseas, is one of the continent’s numerous big-ticket projects bankrolled by Chinese lenders under leader Xi Jinpi

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