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China Spends $240B in Bailouts for Developing Countries
Description
According to a new study by researchers from the World Bank, Harvard Kennedy School, Kiel Institute for the World Economy, and US-based research lab AidData, China has spent $240 billion bailing out 22 developing countries between 2008 and 2021.
Keywords & Tags
#Category:category=National
#Channel:channel=Awani
#Language:language=English
#Show:show=Niaga AWANI
#Tags:awani_tags= Bailouts
#Tags:awani_tags= Belt Road infrastructure
#Tags:awani_tags= COVID-19 pandemic
#Tags:awani_tags= Debt restructuring
#Tags:awani_tags= Developing countries
#Tags:awani_tags= Financial crisis
#Tags:awani_tags= IMF rescue loans
#Tags:awani_tags= Interest rate
#Tags:awani_tags= Low-income countries
#Tags:awani_tags= Middle-income countries
#Tags:awani_tags=China
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