The Republic of Congo is seeking a bailout from the International Monetary Fund. Photo: AFP

China’s vast investment in Africa hits a snag in Congo

  • African nation’s request to the International Monetary Fund for help to get its finances back on track serves as a cautionary tale for Beijing
  • IMF can lend only if it judges a country’s debt load is sustainable, and a bailout may be accompanied by a restructuring of government debt
Topic |   Belt and Road Initiative

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The Republic of Congo is seeking a bailout from the International Monetary Fund. Photo: AFP
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