It is, more or less, a win-win deal. According to Christopher Balding, associate professor at the HSBC School of Business at Peking University in Shenzhen, this gives China’s allies infrastructure and more and more debts to Beijing.“The debt, in turn, can result in Beijing getting something rather useful in nations with resources it covets: negotiating leverage to gain...
2017-02-18 18:30:00
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