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Developing countries owe China more than one trillion dollars in debt, and many countries fall into the debt trap
The latest data shows that the total amount of loans received by developing countries from China will not be less than $1.1 trillion. More than half of the tens of thousands of loans issued by China ... -
Zhou Xiaochuan: Managing the impact of austerity spillovers in developed economies on developing countries
At its twentieth anniversary global annual meeting, Zhou Xiaochuan, Co-Chair of the International Finance Forum (IFF) and Vice-Chair of the Twelfth China Political Consultative Conference, stated that ...