Chinese Loans Must Be Waived Because of Coronavirus

Chinese Loans Must Be Waived Because of Coronavirus

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Save Africa started this petition to World Bank and

China has lent sub-saharan countries billions in loans to develop their economies. However, due to the Chinese government's encouragement of opening up wet markets that sell rare, endangered and wild animal meat, the Covid-19 pandemic has caused these sub-saharan countries' economies to collapse.

The loans given by the Chinese are now of no use due to the actions of the Chinese government. There is no reason to subject these struggling economies with debt repayment and interest on top of the economic slump caused by the Covid-19 pandemic.

Therefore it is only right that the Chinese Government waives and releases these sub-saharan countries from the debt in order to allow them to recover economically. 

 

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