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'Clear risks' for stability in China's Pacific lending

Terra Daily Monday, 21 October 2019
'Clear risks' for stability in China's Pacific lendingSydney (AFP) Oct 21, 2019

China's financial largesse in the Pacific carries "clear risks" for stability if left unchecked, a Sydney think tank warned, while saying allegations of "debt-trap" diplomacy are so far overblown. In a study released Monday, the influential Lowy Institute warned that fragile Pacific nations risked borrowing too much and leaving themselves exposed to demands from Beijing. China has repeat
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