Indebted Countries May Face Long Negotiations After China’s Aggressive Lending
- More developing nations struggling to repay Chinese loans
- Debt talks opaque and lack coordination, Rhodium Group says
Shanghai's Lujiazui Financial District.
Photographer: Johannes Eisele/AFP via Getty Images
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Countries could face years of negotiations to rework their debt with China as a growing number of loans run into trouble following decades of aggressive lending by the world’s largest official creditor.