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Opinion

China's expensive bet on Africa has failed

Coronavirus crash in commodity prices has wasted $200 billion in investment and loans

Minxin Pei
| China
A Chinese worker talks to his colleague at an oil production facility in Sudan in December 2010: China's foray into Africa coincided with the peak of the commodity supercycle.   © Tribune News Service/Getty Images

Minxin Pei is professor of government at Claremont McKenna College and a nonresident senior fellow of the German Marshall Fund of the United States.

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