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China has overtaken the IMF
and the World Bank as the biggest provider of loans to African and Latin
American governments. But that could soon change as slower Chinese growth and huge
investments in Eurasian transportation networks have crimped Beijing’s
finances. The inevitable cutbacks will strain what has been a mutual beneficial
relationship between China and other developing countries.
China’s interest in closer relations with France presents an impressive array of opportunities and risks. Economically, China’s hunger for technology and resources and France’s need for cash and markets make for a good fit between the partners. Yet Paris must weigh the benefits of Realpolitik against the dangers of strengthening a global competitor who may be seeki...
Dr. Emmanuel Martin