World News@lemmy.worldEnglish · 1 month ago

Peak repayment: China’s global lending - China’s transition from lead bilateral banker to chief debt collector of the developing world

interactives.lowyinstitute.org

Peak repayment: China’s global lending - China’s transition from lead bilateral banker to chief debt collector of the developing world

interactives.lowyinstitute.org

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World News@lemmy.worldEnglish · 1 month ago

Peak repayment: China’s global lending - Lowy Institute

interactives.lowyinstitute.org

Soaring debt repayments and collapsed lending have flipped China role in development countries from capital provider to debt collector. A retrenchment in Western aid and trade is compounding these difficulties while squandering any geopolitical advantage for the West.

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1 month ago
Remember how they mocked accusations of “debt-trap diplomacy”?

Your move, tankies.

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