SP By Bartholomäus Grill, Michael Sauga and Bernhard Zand
July 04, 2019 11:03 AM
China is the largest creditor in the world, funding infrastructure projects in the developing world in exchange for access to raw materials. A new study shows that the risk of a new debt crisis is significant.
The future rail link cuts its way through the jungles of Laos for over 400 kilometers. Soon, trains will be rolling through — over bridges, through tunnels and across dams built just for the line, which runs from the Chinese border in the north to the Laotian capital of Vientiane on the Mekong River. Continue reading “Vast Chinese Loans Pose Risks to Developing World”