Lee Duna@lemmy.nz to World News@beehaw.orgEnglish · 2 years agoChina ‘world’s biggest debt collector’ as poorer nations struggle with its loanswww.theguardian.comexternal-linkmessage-square8linkfedilinkarrow-up157arrow-down10cross-posted to: world@lemmy.world
arrow-up157arrow-down1external-linkChina ‘world’s biggest debt collector’ as poorer nations struggle with its loanswww.theguardian.comLee Duna@lemmy.nz to World News@beehaw.orgEnglish · 2 years agomessage-square8linkfedilinkcross-posted to: world@lemmy.world
minus-squareTruck_kun@beehaw.orglinkfedilinkEnglisharrow-up1·2 years agoHopefully this will be helpful (to understanding this type of debt): https://www.economist.com/finance-and-economics/2018/09/27/american-creditors-say-china-should-honour-pre-communist-debts Not saying it will be repaid, but at least the article goes into how debt is handled when governments change hands.
Hopefully this will be helpful (to understanding this type of debt):
https://www.economist.com/finance-and-economics/2018/09/27/american-creditors-say-china-should-honour-pre-communist-debts
Not saying it will be repaid, but at least the article goes into how debt is handled when governments change hands.