Beijing [China], January 25 (ANI): China is the world’s largest bilateral lender, however, the loans committed by them to 100 developing nations fell to a 13-year low of USD 3.7 billion in 2021 due to Beijing curtailing funding for large-scale oil projects, a study from Boston University Global Development Policy Center showed.
Commitments made to 100 developing nations by the Export-Import Bank of China (China Exim Bank)
China’s lending debacle: Development loans hit 13-year low
