To fund a 70-nation infrastructure initiative, Beijing has been extending loans in opaque deals often contingent on using Chinese contractors. Three years into China’s program in Pakistan, that nation is heading for a debt crisis, caused in part by a surge in Chinese loans and imports.
China's Global Building Spree Runs Into Trouble In Pakistan
WSJ.com: Asia Home, Wall Street Journal: Home Asia
Sun, 07/22/2018 - 7:19pm
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