Sierra Leone cancels $300 million airport deal with China

 

China, the Ultimate Crony Capitalist State, is engaging in a broad strategy of financial colonialism in Asia and Africa right now. However, some countries have recently reconsidered their debt deals with Xi and Company. Sierra Leon is the latest.

(From CNN)

Its cancellation comes amid cooling enthusiasm in both Pakistan and Malaysia for Chinese loans backing large-scale infrastructure projects in recent months. But Sierra Leone’s decision is the first time an African government has canceled an already announced, major China-backed deal.

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