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China: The money It lends to the rest of the world
China has spent huge amounts to finance global infrastructure projects , the largest programme of its kind in the world.
Over the last few years China gave billions dollars of loans across Asia, Europe and Africa. Now Beijing has also become a major emergency rescue lender to those same countries, many of which are struggling to repay their debts.
(Picture: Belt And Road Forum For International Cooperation. Picture Credit: Getty Images)
Last on
Wed 29 Mar 202300:06GMT
BBC World Service
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- Wed 29 Mar 202300:06GMTBBC World Service
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