China is sharply falling into its own debt trap as the country's banks have sharply reduced lending to low-income countries under its flagship Belt and Road initiative after the crumbled economies of borrowing countries have left the Asian giant with huge piled up loans, a report has said.
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China is sharply falling into its own debt trap as the country's banks have sharply reduced lending to low-income countries under its flagship Belt and Road initiative after the crumbled economies of borrowing countries have left the Asian giant with huge piled up loans, a report has said.
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