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China: The money It lends to the rest of the world

China has spent huge amounts to finance global infrastructure projects , the largest programme of its kind in the world.

Over the last few years China gave billions dollars of loans across Asia, Europe and Africa. Now Beijing has also become a major emergency rescue lender to those same countries, many of which are struggling to repay their debts.

(Picture: Belt And Road Forum For International Cooperation. Picture Credit: Getty Images)

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50 minutes

Last on

Wed 29 Mar 2023 00:06GMT

Broadcast

  • Wed 29 Mar 2023 00:06GMT

Podcast