China’s loans to developing countries face default risks as falling oil prices hinder poorer countries’ ability to repay their debts
Six of the top 10 recipients of development financing from China between 2013 and 2015 face high risks of default, according to an analysis by the Financial Times, while only two of the World Bank's top 10 funding recipients from 2011 to 2015 faced similar risk levels.
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Oct 21, 2016