The original article was published on Panda Paw Dragon Claw on 11th January, 2021 and has been updated on Jan 18, 2021. “When the tide goes out, you see who is swimming naked”! This is a quote coined by Warren Buffet about those who take on too much debt, believing…
Executive Summary Download the report here China is a major lender for countries of the Belt and Road Initiative (BRI). Accelerated by the Covid-19 pandemic, many of these countries have seen their sovereign debt become unsustainable. Based on the analysis of debt in 52 Selected BRI countries from 2014 to…