Countries heavily in debt to China are mostly located in Africa, but can also be found in Central Asia, Southeast Asia and the Pacific, data from The World Bank shows. China is currently the preferred...
Tag: Sovereign debt
Russia’s Creditors May Have To Choose Between Getting Paid In Rubles Or Not Getting Paid At All
The Kremlin says it’s prepared to make debt payments in rubles, with the U.S. Treasury blocking access to its dollars. Getty Russia’s creditors face the unappetizing prospect of accepting debt p...