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