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School of Politics and International Relations

China: Is it burdening poor countries with unsustainable debt?


China has faced criticism for its lending practices to poorer countries, accused of leaving them struggling to repay debts and therefore vulnerable to pressure from Beijing. China does not publish records of its foreign loans, and the majority of its contracts contain non-disclosure clauses which prevent borrowers from revealing their contents. Professor Lee Jones from Queen Mary University of London said: "Confidentiality agreements are very common in international commercial loans. And much of China's development financing is fundamentally a commercial operation."

This was covered in the BBC



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