Loading video...
Video Failed to Load
What we see today is that many developing countries borrow money from China and face an indebtedness problem, says Ho-fung Hung at the Global Prosperity Forum. “It is not so much different from the loan performance problem in the domestic economy of China,” he explains.
12,583 views • 5 months ago •via X (Twitter)
2 Comments

John Treble (J3) 🇨🇦🇺🇦5 months ago
@hofunghung “What we see today is that many developing countries borrow money from China and face an indebtedness problem …” 👀

Ethan Global Economist5 months ago
@hofunghung The pattern holds. China's domestic credit inefficiencies mirror its BRI lending approach. Both prioritize volume over credit quality, creating unsustainable debt dependencies.
