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Europe |
Why Europe will have to face the true cost of being in debt to China |
2022-05-04 |
[BBC] Billions of dollars of Chinese money are boosting some European economies - but some of the deals being struck have a catch. Critics say they are "debt traps", where China gets to choose what happens if loans aren't repaid. China insists it is a reliable investment partner - but it is also facing allegations of worker exploitation and environmental damage. |
Posted by:Skidmark |