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Over 50 developing countries’ Chinese debt accounts for on average 15 percent of their individual GDP. New report shows that the majority of the world’s developing country’s debt to China is considered “hidden.” China’s loans for poor countries are primarily for crucial infrastructure. China’s overseas lending, which was virtually zero before the turn of the century — well, about $500 billion in 2000 — stands today, ostensibly, at around $5 trillion. Indeed, they are now the world’s largest creditor, […]

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