Chinese loans to South Asia multiply in recent years | World Business Watch | WION

China’s growing economic ambition has also turned it into a major global creditor. According to the World Bank’s international debt report, Chinese debt to South Asian countries has multiplied in recent years. The growing debt burden has driven many countries to the point of bankruptcy. This report takes a closer look into the growing Chinese debt in South Asian countries.

#china #businessnews #southasia

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