SHANGHAI -- More than half of China's $1.1 trillion of loans to low- and middle-income countries have entered their principal repayment periods, a new study found, prompting a reboot by Beijing to reduce exposure to distressed debt.
Belt and Road
China aims to cut Belt and Road distressed debt exposure, report says
AidData shows 55% of developing nations' debt is in a principal repayment period
Construction is underway for the Chinese-funded Port City Colombo in Sri Lanka. © AFP/Jiji
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