Prasad Sees `Mixed Picture' in China Loans to Africa: Video

Nov. 9 (Bloomberg) -- Eswar Prasad, a senior fellow at the Brookings Institution and a former Chi...  More »

Nov. 9 (Bloomberg) -- Eswar Prasad, a senior fellow at the Brookings Institution and a former China division director at the International Monetary Fund, talks with Bloomberg's Margaret Brennan about China's pledge of $10 billion in cheap loans to Africa. Chinese officials have been battling accusations that they are only interested in the continent’s oil and minerals as their country presses forward with a decade-long drive to invest in African resources to feed its growing economy. (Source: Bloomberg)  « Less