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Government doesn't even have about its own lending. namely that china is bankrolling international infrastructure projects — big things like bridges and ports — at twice the rate of the united states and other major powers, and a majority of that funding is being channelled through chinese state banks. they're often issuing risky high—interest loans. $843 billion worth of funding spread across 165 countries. here's a prime example. a 400—kilometre railway stretching from kunming in south—west china, across the border into neighbouring laos, down to its capital vientiane. it's a compl...

Or more. this is the asia pacific editor. a 150—page report full of hidden data that took us researchers four years to uncover. it's full of hidden information that the chinese government doesn't even have about its own lending. namely that china is bankrolling international infrastructure projects — gig things like bridges and ports — at twice the rate of the united states and other major powers, and a majority of that funding is being channelled through chinese state banks. they're often issuing risky high—interest loans. $843 billion worth of funding spread across 165 countries. her...

A 150—page report full of hidden data that took us researchers four years to uncover. it's full of hidden information that the chinese government doesn't even have about its own lending. namely that china is bankrolling international infrastructure projects — gig things like bridges and ports — at twice the rate of the united states and other major powers, and a majority of that funding is being channelled through chinese state banks. they're often issuing risky high—interest loans. $843 billion worth of funding spread across 165 countries. here's a prime example. a 400—kilometre rai...

Are often issuing risky high interest loans. $843 billion worth of funding spread across 165 countries. here is a prime example. a 400 kilometre railway stretching from south—west china across the border into the neighbour, down to its capital. it is a complicated project requiring 75 tunnels and 62 bridges and is costing a lot. $5.9 billion. it is one of the poorest countries in the region and it is shouldering most of the risk. last year it had to sell off $600 million chunk of its energy grid to pay china's of creditors all before the railway even starts operations. loans like the laos de...

Have $660 billion in bills to pay, but only $401 billion on hand to pay them. if the u.s. paid the interest on treasury securities, federal salaries, social security benefits, et cetera, it could end up leaving unemployment insurance, military retirement benefits, pandemic relief for state and local governments unpaid. and to put a finer point on the hell that awaits us, if october 15th is indeese the day borrowing authority runs out, the u.s. government could have only $27 billion to pay $43 billion in bills due that day. the full faith and credit of the united states to fulfill its financial...