Christine Lagarde, managing director of the International Monetary Fund, speaks on Thursday in Washington. Photo: Getty Images/AFP

IMF leader Christine Lagarde praises China’s economic stimulus but warns on debt-heavy ‘Belt and Road’ loans

  • High on Lagarde’s list of self-inflicted economic wounds is the US-China trade war and its hundred of billions of dollars in tariffs
  • Concern that some Asian, African and Latin American borrowers may not be able to repay Beijing, leaving them politically and economically vulnerable
Topic |   Belt and Road Initiative

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Christine Lagarde, managing director of the International Monetary Fund, speaks on Thursday in Washington. Photo: Getty Images/AFP
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