Chinese lending has shifted from Belt and Road to rescue finance, report says

Chinese lending has shifted from Belt and Road to rescue finance, report says

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Chinese financial institutions lent $1.34 trillion to developing countries from 2000 to 2021, U.S. researchers at AidData said in a report that showed the world’s biggest bilateral lender switching from infrastructure to rescue lending. While lending commitments peaked at almost $136 billion in…

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