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VOA: China’s Belt and Road Initiative Is About Profit, Not Development, Study Finds

Thu August, 2022, Age: 10 months

A new report on China’s international development projects initiated between 2000 and 2017 demonstrates that extensive high-interest lending by China’s state-backed banks has left countries across much of the developing world struggling under onerous debt loads, even as some of the development projects those loans funded face major implementation problems.


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