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China’s external lending increased massively over the last two decades Over 25% of the world’s bilateral external debt was owed to China by the end of 2023, making the country the leading debt collector. Two decades ago, the country rarely lent money; Japan lent the highest amount, followed by Germany, France, the United States and…
At end-June 2023, long-term debt (with original maturity of above one year) was placed at $505.5 billion. File | Photo Credit: K. Pichumani India’s external debt at end-June 2023 was placed at $629.1 billion, recording an increase of $4.7 billion over its level at end-March 2023 according to data released by the Reserve Bank of…
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