China ‘World’s Largest Official Debt Collector’: US Report

China ‘World’s Largest Official Debt Collector’: US Report

Upworthy

Published

China’s financial institutions lent $1.34 trillion to developing countries from 2000 to 2021, a new report has revealed, with the world’s biggest bilateral lender having now turned its focus from infrastructure to rescue lending. While lending commitments peaked at almost $136 billion in 2016,…

#aiddata #beijing #srilanka #zambia #intelcancels #xijinping #peoplesbankofchina #maryuniversity #syndicatedloangrowth #africa

Full Article