The cost of being in debt to China – BBC News

The cost of being in debt to China – BBC News

Billions of bucks of Chinese money are boosting some European economies – but a pair of of the provides being struck be pleased a fetch. Critics inform they are “debt traps”, the put China will get to come to a decision what occurs if loans don’t seem like repaid.

China insists it’s a respectable investment partner – but it no doubt is additionally facing allegations of employee exploitation and environmental harm.

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