{"id":384872,"date":"2026-01-22T21:09:11","date_gmt":"2026-01-22T21:09:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/384872\/"},"modified":"2026-01-22T21:09:11","modified_gmt":"2026-01-22T21:09:11","slug":"chinas-loans-to-africa-plummet-as-beijing-pivots-to-strategic-investments","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/384872\/","title":{"rendered":"China\u2019s loans to Africa plummet as Beijing pivots to strategic investments"},"content":{"rendered":"<p>Chinese lending to Africa plummeted, new data showed, as Beijing shifted its focus to strategic investments on the continent. <\/p>\n<p>Total lending in 2024 amounted to $2.1 billion, <a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/chinas-africa-lending-nearly-halved-2024-shifts-yuan-2026-01-21\/\" class=\"styles_linkEmbed__SNmaX\" rel=\"noopener nofollow\" target=\"_blank\">down by more than 90% from its 2016 peak<\/a>, a Boston University report showed. The pivot partly reflects the poor performance of previous loans, after several African nations defaulted. In response, Beijing recalibrated its engagement with the continent, pursuing investments in strategic projects \u2014 notably in energy, mining, and transportation \u2014 amid an intensifying rivalry with Washington. <\/p>\n<p>Chinese financing through the Belt and Road Initiative reached a record last year, with \u201c<a href=\"https:\/\/www.chinadaily.com.cn\/a\/202601\/22\/WS69717975a310d6866eb3515e.html\" class=\"styles_linkEmbed__SNmaX\" rel=\"noopener nofollow\" target=\"_blank\">Africa emerging as [a] key beneficiary,<\/a>\u201d Beijing mouthpiece China Daily reported.<\/p>\n<p>[@portabletext\/react] Unknown block type &#8220;cta&#8221;, specify a component for it in the `components.types` prop<\/p>\n","protected":false},"excerpt":{"rendered":"Chinese lending to Africa plummeted, new data showed, as Beijing shifted its focus to strategic investments on the&hellip;\n","protected":false},"author":2,"featured_media":384873,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-384872","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/384872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=384872"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/384872\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/384873"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=384872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=384872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=384872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}