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World News@lemmy.mlEnglish · 2 months ago

A study that looked at more than 1,000 loans to Africa found that Chinese lenders never seized assets, never used courts to enforce payments, and never applied penalty interest rates.

papers.ssrn.com

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A study that looked at more than 1,000 loans to Africa found that Chinese lenders never seized assets, never used courts to enforce payments, and never applied penalty interest rates.

papers.ssrn.com

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World News@lemmy.mlEnglish · 2 months ago

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Debt Relief with Chinese Characteristics

papers.ssrn.com

As China is poised to become the world’s largest creditor, concerns about debt sustainability have grown. Yet considerable confusion exists over what is likely

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2 months ago
I’m guessing it’s because China lends to help, the US lends to bury them in debt so they can steal resources when they default

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