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Its chinese creditors all before the railway even starts operations. loans like the laos deal are often cloaked in confidentiality clauses, so researchers are concerned that the shaky financing behind such deals are often hidden from public view, even though ultimately it s the public that s going to be on the hook for repaying the mammoth debts to china owed by such mammoth projects. we spoke earlier to executive director dr brad parkes. he was a lead researcher on this report. i asked why china s lending of this money was so concerning. the levels of debt accumulated over time are staggering. we found 42 countries around the globe now have levels ....
So researchers are concerned that the shaky financing behind such deals are often hidden from public view, even though ultimately it s the public that s going to be on the hook for repaying the mammoth debts to china owed by such mammoth projects. we spoke earlier to executive director dr brad parkes. he was a lead researcher on this report. hejoins us again. why he joins us again. why should we be worried that a lot of this lending comes from debt rather than actual money owed? the levels of debt accumulated over time are staggering. we found 42 countries around the globe now have levels of public debt exposure to china in excess of 10% of gdp. as the report mentioned, a lot is hidden from public view. the belt and road initiative has ....
A $600 million chunk of its energy grid to pay its chinese creditors all before the railway even starts operations. loans like the laos deal are often cloaked in confidentiality clauses, so researchers are concerned that the shaky financing behind such deals are often hidden from public view, even though ultimately it s the public that s going to be on the hook for repaying the mammoth debts to china owed by such mammoth projects. we can now speak to executive director brad parkes. it was a leap researcher on this report and joins us from virginia. great to have you on the programme. what was the most surprising finding for you in the research? most surprising finding for you in the research? well, we knew that before in the research? well, we knew that before the in the research? well, we knew that before the belt in the research? well, we knew that before the belt and - in the research? well, we knew that before the belt and road i that before the belt and road initiative th ....