After Doling Out Huge Loans, China Is Now Bailing Out Countries

Sri Lanka, which received financing from China for construction in Colombo in 2018, is among the debt-ridden countries receiving emergency loans from Beijing. Beijing is emerging as a new heavyweight in providing emergency funds to debt-ridden countries, catching up to the I.M.F. as a lender of…#srilanka #colombo #beijing #imf #worldwarii #turkey #argentina #aiddata #maryuniversity #ustreasurys
Source: Reuters: Health - Category: Consumer Health News Source Type: news