Illustration: Kakuen Lau
Coronavirus runs roughshod over debt-laden belt and road projects
- Developing countries’ ‘hidden debts’ to China totalled US$380 billion well before the global health and economic crisis, analysts estimate
- Montenegro, which has a US$750 million Chinese loan for highway construction, is among the borrowers seeing commodity prices plunge and exchange rates shift
Topic |
Coronavirus pandemic
Illustration: Kakuen Lau