Tag: tidal
Poorest 750 nations face ‘tidal wave’ of debt repayments to China in 2025, study warns
Vulnerable countries to pay record $22bn this year, mostly relating to loans issued under Xi Jinping’s belt and road initiative The most vulnerable nations on Earth are facing a “tidal wave” of debt repayments as a Chinese lending boom starts to be called in, a new report has warned. The analysis, published on Tuesday by…