China gave huge loans to some countries. Now it's spending billions to bail them out
March 30 2023, 08:00
For the past decade, China has lent massive sums to governments across Asia, Africa and Europe, growing its global influence through infrastructure megaprojects and becoming one of the world's biggest creditors.
For the past decade, China has lent massive sums to governments across Asia, Africa and Europe, growing its global influence through infrastructure megaprojects and becoming one of the world's biggest creditors.
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