China's Bail Out Loans to the Belt and Road Initiative

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US prosecutors have accused former FTX chief executive Sam Bankman freed of bribing Chinese officials. He's awaiting trial after being extradited from his home in the Bahamas. A study out this week shows that China granted more than $100 billion in rescue loans between 2019 and 2021. The bail out loans went to developing countries across the globe, like Argentina, Belarus, and Mongolia. They're part of China's huge overseas lending program called Belt and Road.

JP Morgan CEO Jamie Dimon will testify about his bank’s relationship with Jeffrey Epstein, the Middle East is enjoying an IPO boom, China has expanded its bailout lending as its Belt and Road Initiative falters, and former FTX CEO Sam Bankman-Fried has been charged with bribery.

Mentioned in this podcast:

JPMorgan’s Jamie Dimon to be deposed in Epstein lawsuits

Middle East on ‘radar’ of global investors as it enjoys IPO boom

China grants bailouts as Belt and Road Initiative falters

US charges Sam Bankman-Fried with bribing Chinese officials

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The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

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