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China casts giant shadow over emerging nations' chase for debt relief | Hellenic Shipping News Worldwide

From a $360 million project to expand Zambiaโ€™s international airport in Lusaka to a $1.4 billion city port in Sri Lankaโ€™s capital of Colombo, China is the missing piece in the puzzle of a number of debt talks under way in developing markets. The second-largest economy and the biggest bilateral creditor in the world is ...
United States France General Sri Lanka City Of United Kingdom Patrick Curran

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China casts giant shadow over emerging nations' chase for debt relief

LONDON (July 4): From a $360 million project to expand Zambia's international airport in Lusaka to a $1.4 billion city port in Sri Lanka's capital of Colombo, China is the missing piece in the puzzle of a number of debt talks under way in developing markets. The second-largest economy and the biggest bilateral creditor in the world is a dominant lender to many smaller, riskier developing nations. But Beijing has kept a low profile, not only on lending conditions but also on how it rene...
United States France General Sri Lanka City Of United Kingdom Patrick Curran

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