2min chapter

GZERO World with Ian Bremmer cover image

Fix the global debt crisis before it's too late, warns World Bank's David Malpass

GZERO World with Ian Bremmer

CHAPTER

China's Debt Restructuring Strategy

The World Bank puts a net flow into these countries. There is the risk that some of that money then ends up paying creditors. China's finding new ways, there's sometimes non-transparent to leap over others within the capital structure of a debt restructuring. This is the kinds of things that are done in bankruptcy, but lawyers are onto it.

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