Borrowed Infrastructure, Mortgaged Sovereignty: The Hidden Political Cost of China's Loans to Ethiopia
Ethiopia's growing debt to Chinese state lenders now exceeds $10 billion, financing railways, industrial parks, and energy corridors that have transformed the country's physical landscape. But beneath the concrete and steel lies a more complicated story — one of renegotiated terms, stalled projects, and governance pressures that are quietly reorienting Addis Ababa's strategic posture in ways Washington cannot afford to ignore.