China flexes heft in international climate finance

China flexes heft in international climate finance

Has China taken the mantle of climate leadership? Attendees stand in front of the China Pavilion during the UN Climate Change Conference (COP30) in Belem, Brazil. (REUTERS) Goings on in Belem at the COP30 climate conference would suggest so – and not just because of the scale of China’s pavilion. Beijing is backing developing countries…

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China securing loans to low-income nations with revenue streams in Chinese banks | Latest News India

China securing loans to low-income nations with revenue streams in Chinese banks | Latest News India

New Delhi: China is securing loans to low-income and developing nations with commodity revenue streams and cash held in restricted escrow accounts in Chinese banks, with such practices implemented for almost half of the total loans worth $991 billion, according to a new study. China significantly ramped up loans to developing countries in Asia, Africa…

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