In the past couple of years, Moscow reduced foriegn debt and saved money to fight any eventuality. But it will need much more to fight its economic woes.
As fears of a global recession grow as a result of the Covid-19 spread, African countries, along with the World Bank, have issued calls for a moratorium on debt payments.
Beijing is often accused of using loans to entrap economically vulnerable countries, but on closer inspection, it doesn't come across as a predatory lender.
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