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China spent $240 bln bailing out 'Belt and Road' countries

Summary by Reuters
China spent $240 billion bailing out 22 developing countries between 2008 and 2021, with the amount soaring in recent years as more have struggled to repay loans spent building "Belt and Road" infrastructure, a study published on Tuesday showed.

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IBTimes broke the news in United States on Monday, March 27, 2023.
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