Financing: Why African countries want to convert debt into yuan

Nairobi Terminus Station with a Standard Gauge Railway (SGR) train. (IMAGO / Xinhua)

Kenya wants to convert part of its US dollar debt into Chinese yuan. Other African countries could also turn away from the US dollar in their debt policy. US President Donald Trump's policies are reinforcing the trend.

Julian Hilgers

Letzte Aktualisierung: 30. September 2025

Kenya Zambia China Japan Donald Trump Debt crisis Public debt Infrastructure

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Financing: Why African countries want to convert debt into yuan

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