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At the 2018 Beijing summit of the Forum on China-Africa Cooperation (FOCAC) held last week, African leaders dismissed claims of a debt trap. South African President Cyril Ramaphosa said FOCAC "refutes the view that a new colonialism is taking hold in Africa, as our detractors would have us believe." Rwandan President Paul Kagame, who also holds the rotating chair of the African Union, said the "debt trap" hype is an attempt to discourage Africa-China interaction.

At the showcase were large hardware products such as motorcycles, bicycles, yachts, a motor home, and the THAAD missile system. There were also smaller gadgets such as lighters, pens and bottle openers. One company was chosen from every state as a representative.

At the heart of this upside-down economics is the issue of how to recognize the value of a treatment that must be used only infrequently. John Rex, chief medical officer of the British biotech company F2G, compares advanced antimicrobials to fire extinguishers: absolutely essential, but ideally rarely needed.

At the same time, reforms take several years to deliver, and some of them — easing job protection regulation and liberalizing domestic finance — may entail greater short-term costs when carried out in bad times; "these are best implemented under favorable economic conditions and early in authorities' electoral mandate".

At the Geneva International Motor Show this week, BMW unveiled the high-performance M8 Gran Coupe concept, and Daimler's Mercedes-Benz showcased the AMG GT four-door coupe, sporting a V-8 engine that emits more than twice the amount of carbon dioxide allowed under European Union fleet rules that come into force in 2021.