Embedded within China’s massive state-owned enterprise sector are thousands of “zombie” companies that do not produce enough revenue to pay debts, and are kept afloat by state funding. These companies …
The Belt and Road Bubble Is Starting to Burst
Risky projects funded as part of China’s “Go Out” policy for domestic businesses have begun to have an impact on Chinese banks and the larger economy. The policies created easily-accessible credit for …
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China’s “debt trap” in Sri Lanka and beyond
China’s financial practices in Sri Lanka have created a deteriorating debt balance approaching 100% of GDP. Along with Sri Lanka, eight other nations are projected to fall into a “vulnerable” debt …
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China’s Belt and Road extends to space, too
China’s Belt-and-Road-Initiative (BRI) is a multi-trillion dollars investment in the infrastructure of Asia, Africa, and Europe, including oceans. Currently including around 70 countries, the project …
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Siemens and other Western firms with contracts become vocal supporters of China’s “Belt and Road Initiative”
While Western governments have been hesitant to support the initiative, firms from Germany and other western countries with large presences in Belt and Road countries have become vocal supporters. …
Expert question geopolitical motivations behind Chinese investment in Myanmar
“To understand China’s top priority in Myanmar, forget Beijing’s involvement in the country’s sputtering peace process, or efforts to restart its backed but now suspended 3.9 billion USD hydroelectric …
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