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Interview I China pulls back from the world: rethinking Xi’s ‘project of the century I Zhiwu Chen

Interview I China pulls back from the world: rethinking Xi’s ‘project of the century I Zhiwu Chen

Posted on Monday, December 14, 2020

Chinese overseas lending has fallen sharply amid a reassessment of the Belt and Road Initiative. Zhiwu Chen, director of the Asia Global Institute, tells the Financial Times that the retrenchment in Chinese banks’ overseas lending is part of a bigger picture of China cutting back on outbound investments and focusing more resources domestically.

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