Developing countries owe China at least $1.1 trillion – and the debts are due | CNN Business
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Developing countries owe Chinese lenders at least $1.1 trillion dollars, according to a new data analysis published Monday, which says more than half of the thousands of loans China has doled out over two decades are due as many borrowers struggle financially.

Hong Kong CNN — Developing countries owe Chinese lenders at least $1.1 trillion dollars, according to a new data analysis published Monday, which says more than half of the thousands of loans China has doled out over two decades are due as many borrowers struggle financially.

  • protist@mander.xyzEnglish
    72·
    1 year ago

    Can you explain how the example above is similar to what the IMF does?

    • YeetPics@mander.xyz
      85·
      1 year ago

      (they can’t, the whataboutism is a distraction so we don’t talk about daddy china anymore)

      • protist@mander.xyzEnglish
        21·
        1 year ago

        I just read a brief summary and several reviews of this book, and it seems it’s wholly unsourced and making many dubious claims. There are so many legitimate criticisms of the IMF and pretty much any large institution…why make shit up to criticize?