China's loan policy pushing poor countries to brink of collapse | World Business Watch
Edited By WION Video Desk
Published: May 19, 2023, 06:40 IST | Updated: May 19, 2023, 06:40 IST
Pakistan, Sri Lanka, Kenya, Zambia, Mongolia and Laos, what do these countries have in common ? These countries are either on the brink of bankruptcy or have already gone bankrupt. A dozen poor countries are on the verge of collapse under the weight of billions of dollars in foreign loans that they had taken from China.
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