China lends $1.34 trillion between 2000-2021, overseas lending undergoes remarkable shift | WION
Edited By WION Video Desk
Published: Nov 06, 2023, 21:40 IST | Updated: Nov 06, 2023, 21:40 IST
An American Research agency has uncovered a monumental shift in China's lending strategy from 2000 to 2021. Chinese financial institutions have reportedly paid a staggering $1.34 trillion into developing nations more eye-catching has been its radical shift from traditional infrastructure Investments to what's been called rescue lending.
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