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International relations

China's 'secret loans' throw wrench into G-20 debt relief plans

Concerns mount that debtor nations will use money to pay back Beijing lenders

Kenya's long-distance rail link is one of many infrastructure projects financed by China's Belt and Road initiative.   © Reuters

WASHINGTON/TOKYO -- A debt relief scheme worked out by global financial leaders for the poorest nations has raised concerns as it fails to address China's "hidden loans" extended through state-controlled lenders and Beijing's demand for secrecy from debtors.

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