CNA US is biggest recipient of Chinese loans as Beijing shifts focus to rich nations: Study

The United States has become the world’s largest recipient of Chinese loans, despite years of warning other nations about the risks of borrowing heavily from China, a new study tracking Beijing’s credit activities has found. A report by AidData, a research lab at the College of William & Mary in Virginia, showed that over the course of nearly 25 years, US companies received more than US$200 billion in Chinese financing, including in key sectors such as semiconductors and infrastructure. Toni Waterman reports for CNA.

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