#China is facing massive #debt defaults from loans made through its Belt and Road Initiative. China is about to learn that when the world owes you billions and can't pay, YOU have the problem. https://youtu.be/1WQlp9jqqoc #news #economy #finance
After the Coronavirus outbreak, a flood of debt relief requests has hit China. Several countries participating in the Belt and Road initiative are looking for complete waivers. WION's Palki Sharma tells you how China is now caught in its own debt trap. #Gravitas #Coronavirus #China About Channel:...
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