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Kenya's plan to convert its US dollar-denominated Chinese debt to yuan is a "win-win", as it is expected to reduce interest ...
BEIJING — China’s loans to poor countries in Africa and Asia impose unusual secrecy and repayment terms that are hurting their ability to renegotiate debts after the pandemic,… ...
Countries in AP’s analysis had as much as 50% of their foreign loans from China and most were devoting more than a third of government revenue to paying off foreign debt.
Low-income countries are reaching debt levels not seen in 25 years. The rise of China as a lender has played a role.
BEIJING (Reuters) -Some Chinese banks have started raising interest rates amid growing bad consumer loans in a dramatic U-turn just weeks after slashing them to unprecedented lows, a move that is ...
While lending commitments peaked at almost $136 billion in 2016, China still committed to almost $80 billion of loans and grants in 2021, according to the data, which captures almost 21,000 ...
A study of 100 Chinese contracts shows how the world’s largest creditor uses secretive loans to its political and economic advantage.
China's investors borrowed a record $322 billion to buy stocks this year, but sharp corrections this week and heightened ...
The China Pakistan Economic Corridor has ballooned to over $62 billion, while Chinese loans bumped Djibouti’s debt-to-GDP ratio up from 50 to 85 percent between 2014 and 2016.
COVID-19 has increased calls for China to forgive old loans. Time to sort out the facts and the fiction about how China manages debt in troubled times.