Speaking at the World Economic Forum in Switzerland on Wednesday, Chinese billionaire Jack Ma accused the United States of spending too much money on foreign wars and risky financial speculation and not enough money "on your own people." Read more.
The menace of the Chinese debt trap, which has been rubbished by some African leaders, is threatening the whole sovereignty of Zambia. As Zambia continues to default on repaying Chinese loans, the Chinese are gradually taking over Zambian companies and a whole lot other economic interests. Read more.