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Tag: chinas debt crisis

China’s Debt Crisis EXPLAINED

August 16, 2022

What’s up, everyone! Today I will explain China’s debt crisis. The Facts In the last few weeks, China’s government has been seizing bank accounts looked to invade Taiwan defaulted Evergrande (over $200 billion) In 2013, China started the Belt & Road initiative. This meant China lent money to other developing countries for infrastructure and business … More China’s Debt Crisis EXPLAINED

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