Beijing has lent as much as $1.5 trillion to countries struggling financially, according to AidData Chinese financial institutions lent $1.3 trillion to developing countries between 2000 and 2021, according to a new report by AidData released this week. The research estimates that 80% of China’s overseas lending portfolio in the developing world is currently supporting countries in financial distress. Developing country borrowers reportedly owe Chinese lenders between $1.1 trillion and $1.5 trillion as of 2021. AidData researchers analyzed nearly 21,000 projects in 165 low- and middle-income countries, which were
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