China lent $1.34 trln in 2000-2021, focus shifts from Belt and Road to rescue finance-report

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

ایران اخبار اخبار

ایران آخرین اخبار,ایران سرفصلها

Explore stories from Atlantic Canada.

Murphy's Logic and reflections on 45+ years of broadcasting | SaltWireJOHANNESBURG/HONG KONG - Chinese financial institutions lent $1.34 trillion to developing countries from 2000 to 2021, U.S. researchers at AidData said in a report that showed the world's biggest bilateral lender switching from infrastructure to rescue lending.

The People's Bank of China and the State Administration of Foreign Exchange , which manages China's foreign currency reserves, accounted for more than half of lending in 2021, almost all bailout lending. One way China is managing repayment risk is through foreign currency cash escrow accounts it controls, AidData said. The arrangement is controversial because it gives China debt seniority, meaning other lenders, including multilateral development banks, could get paid second during any coordinated debt relief.

 

از نظر شما متشکرم. نظر شما پس از بررسی منتشر خواهد شد.
این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:

 /  🏆 45. in İR

ایران آخرین اخبار, ایران سرفصلها