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Coronavirus: China Must Pay Damages To Africa By Writing Off All Her Debts - Health - Nairaland

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Coronavirus: China Must Pay Damages To Africa By Writing Off All Her Debts by xpmode(m): 11:32am On Apr 17, 2020
The COVID19 pandemic has dealt a severe injury to Africa’s development prospects and worsened the conditions of its poor and vulnerable. Although there are calls for voluntary international aid to support the continent during this difficult time, this is far from the best solution.

The continent must be accorded damages and liability compensation from China, the rich and powerful country that failed to transparently and effectively manage this global catastrophe. Africa’s economic gains since the last global crisis have been eroded. It is time to make offending rich countries pay the poor ones a global risk burden tax for delaying their rise out of poverty.

Today, Africa is home to more than 70 percent of the world’s poorest people, with more than 400 million living below the poverty line. It is no surprise that it is disproportionately vulnerable to this crisis. It should not suffer even more because yet another powerful country failed to act responsibly.
China should immediately announce a complete write-off of the more than $140 billion that its...

Read full story; https://thestreetjournal.org/2020/04/coronavirus-china-must-pay-damages-to-africa-by-writing-off-all-her-debts/

Re: Coronavirus: China Must Pay Damages To Africa By Writing Off All Her Debts by dawnomike(m): 11:46am On Apr 17, 2020
I call this economical guilt tripping and situational blackmail grin

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Re: Coronavirus: China Must Pay Damages To Africa By Writing Off All Her Debts by Luizkid(m): 11:48am On Apr 17, 2020
Did they ask you to come and share their virus??
Re: Coronavirus: China Must Pay Damages To Africa By Writing Off All Her Debts by Amhappy(f): 3:38pm On Apr 17, 2020
That will be sweet. But will our government not borrow more to steal grin

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