China was the leading financier for developing nations throughout the 2010s, channeling over $1 trillion into infrastructure projects under President Xi Jinping‘s Belt and Road Initiative (BRI). Read full story here https://www.newsweek.com/china-debt-collector-poor-developing-nations-global-south-2077953
What To Know China accounted for about 5 percent, or $441.8 billion, of the $8.8 trillion in public external debt owed by all low- and middle-income countries, according to data from the World Bank’s 2024 report on International Debt Statistics. Read full story here https://www.newsweek.com/world-map-countries-indebted-china-development-finance-loans-2081770
This project involves building three power stations in Guyana’s Linden region to meet its current and future energy needs, supporting the region’s economic growth with clean energy. #GlobalSinomach#CleanEnergy
Congratulations, Diamond Hospital constructed by Chinese company is commissioning today! The modern hospital with outstanding building and advanced equipment, will undoubtedly provide strong medical support for Guyanese people.
Ambassador Yang Yang, the new intended Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Guyana arrived here on Thursday, according to a brief statement from the Chinese Embassy. Upon arrival, Ambassador Yang was welcomed by Ambassador Ivan Evelyn, the Chief of Protocol of the Ministry of Foreign Affairs and International Cooperation of Guyana and senior diplomats of…