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After Doling Out Huge Loans, China Is Now Bailing Out Countries

Por: The New York Times World March 28, 2023

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Since the end of World War II, the International Monetary Fund and the United States have been the world’s lenders of last resort, each wielding broad influence over the global economy. Now a new heavyweight has emerged in providing emergency loans to debt-ridden countries: China.New data shows that China is providing ever more emergency loans to countries, including Turkey, Argentina and Sri Lanka. China has been helping countries that have... + full article



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