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Business Matters: China: The money It lends to the rest of the world

China: the money It lends to the rest of the world

29/03/2023 GMT

China: The money It lends to the rest of the world

BBC World Service - Business Matters, China: The money It lends to the rest of the world

An insight into the scale of Chinese lending and its impact on the global finances

China has spent huge amounts to finance global infrastructure projects , the largest programme of its kind in the world.

Over the last few years China gave billions dollars of loans across Asia, Europe and Africa. Now Beijing has also become a major emergency rescue lender to those same countries, many of which are struggling to repay their debts. 

(Picture: Belt And Road Forum For International Cooperation. Picture Credit: Getty Images)

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