7min chapter

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The belt buckles up: China’s grand plan slims

Economist Podcasts

CHAPTER

China's Shifting Lending Landscape

This chapter examines the evolution of China's overseas lending, moving from broad financial initiatives to a more strategic focus on profitable projects. It highlights the implications of these lending practices, including the creation of debt cycles for poorer nations, and the significant influence of geopolitical factors on loan distribution. Ultimately, the chapter raises important questions about the motivations behind China's infrastructure projects and their impact on borrowing countries.

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