Saturday, May 30, 2020

How much money does the world owe China?



China loans more money to the world than the richest 32 nations. Plus, the man behind a $1 trillion stock market crash.


China has been rapidly rolling out its Belt and Road Initiative to build new roads, ports and rail lines in mostly developing nations, extending the country's reach across continents.
China says the infrastructure will benefit countries while critics say China is extending unfair influence over others.
Many nations have been rethinking their involvement amid accusations that China has overpriced projects.

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