China spent $240 billion bailing out 'Belt and Road' countries: Study - Jobs World

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Tuesday, March 28, 2023

China spent $240 billion bailing out 'Belt and Road' countries: Study

China spent $240 billion bailing out 'Belt and Road' countries: Study https://ift.tt/c079rov 80% of the lending was made between 2016 and 2021, mainly to middle-income countries including Argentina, Mongolia and Pakistan, according to the report by researchers from the World Bank, Harvard Kennedy School, AidData and the Kiel Institute for the World Economy.

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