Tag: China loans
Evergrande: Crisis-hit Chinese property giant reveals $81bn loss
Crisis-hit Chinese property giant Evergrande has revealed that in 2021 and 2022 it lost a combined 581.9bn yuan ($81.1bn; £62bn).
The firm, which defaulted on...
India increases Africa lending in the race to counter China
Africa has become the second-largest recipient of credit from India as the country tries to catch up with China in expanding its influence in...
