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Is China's Overseas Lending a Change Overtire?
Since the b ri was introduced in late two thousand 13, china has actually acted 70 % of its overseas lending to entities other than central governments. These debts a younow, for the most part, they don't show up on government balance sheets in lointom and middlincome countries. Most of them do benefit from either an implicit or an explicit form of host government liability protection which has really blurred the inction between what is public debt and private debt.