Japan PM warns Africa about debt as China grows presence

World News: . []

Japan PM warns Africa about debt as China grows presenceJapan's prime minister on Thursday warned African leaders against accumulating too much debt, in an apparent reference to Chinese infrastructure projects some blame for damaging the finances of developing nations. Addressing leaders from several African nations at a development conference in Yokohama, Shinzo Abe stressed Tokyo was promoting 'quality' infrastructure exports and investments, supported by Japan's government-backed institutions. 'What should the government do to encourage (entrepreneurs) to exercise their skills?' Abe asked the Tokyo International Conference on African Development (TICAD).


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