World Bank Becoming Increasingly Anxious About Risks From China’s Opaque Lending Practices to Global South Countries

The World Bank is becoming increasingly explicit about its concerns related to Chinese lending practices in low and middle-income countries, even though it doesn’t call out the Chinese government by name.

On two separate occasions on Tuesday, the Bank issued warnings that described characteristics of Chinese lending behavior and the risks they present to countries struggling to cope with rising debt burdens.

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The post World Bank Becoming Increasingly Anxious About Risks From China’s Opaque Lending Practices to Global South Countries appeared first on The China Africa Project.

source https://chinaafricaproject.com/2022/02/16/world-bank-becoming-increasingly-anxious-about-risks-from-chinas-opaque-lending-practices-to-global-south-countries/