The cost of being in debt to China – BBC Recordsdata

The cost of being in debt to China – BBC Recordsdata

Billions of bucks of Chinese cash are boosting some European economies – nonetheless one of the well-known deals being struck include a fetch. Critics state they’re “debt traps”, the build China gets to resolve what happens if loans are likely to be not repaid.

China insists it’s a legit investment partner – nonetheless it absolutely is moreover going thru allegations of employee exploitation and environmental ruin.

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