A survey by the Global Development Policy Research Center of the University of Boston in the United States found that due to the influence of China's reduction of large oil project funding, the amount of loans that two policy banks in China promised to the emerging economy fell in 2021.The lowest level in 13 years reached US $ 3.7 billion (S $ 4.8 billion).
According to Reuters on Tuesday (January 24), the survey showed that China's import and export banks and the National Development Bank of China fell year by year after reaching the highest record in 2016.
Central Director Kevin Gallagher told Reuters: "We expect that China's investment will turn a small amount of investment with a small amount and higher quality."
World Bank data shows that China is the largest bilateral loan country in the world.The United States and other Western countries and multilateral loan agencies are urging China to provide debt -deductive measures to emerging economies that are trapped in difficulties, such as Zambia and Sri Lanka.
