China and Africa: A new narrative on debt sustainability and infrastructure financing

Strategic and collective efforts are needed from both the creditors borrowing countries facing looming debt crisis, with a full understanding of what good debts bad depending on how they used. The current narrative sustainability often ignores issue government owns (assets) versus owes (liabilities). While conventional approaches largely focus liability side, kinds assets country tries to build vital economic development sustainability. This paper proposed new thoughts infrastructure financing under circumstance restructuring. empirical part study presented novel method investigate role completed projects, co-financed jointly built by China African countries, focusing whether extent have addressed bottlenecks. Both methods validate hypothesis that China-financed projects match host country’s most backward sectors address their These form public operational generate essential social services, jobs, revenues, exports growth.