5 ms·
> As to China, it is all over India and Bangladesh, loaning money Pakistan and Sri Lanka, yes china loans to them. India definitely not. Bangladesh I am not su
by rohit2412 3y ago
> As to China, it is all over India and Bangladesh, loaning money
Pakistan and Sri Lanka, yes china loans to them. India definitely not. Bangladesh I am not sure.
- rayiner 3y agoChina definitely loans to India, though often indirectly: https://www.cfr.org/blog/why-washington-should-care-about-indias-support-aiib https://www.cfr.org/blog/why-washington-should-care-about-in... > China launched the AIIB in 2013 in order to bolster and facilitate the BRI across Asia. Beijing possesses 30 percent of voting shares in the bank, resulting in effective veto power over any funding decisions that require a supermajority. Yet not only is India, which considers China to be its biggest geopolitical threat, a founding member of the bank, but it also constitutes its largest borrower, relying on AIIB loans for COVID-19 aid and to fund multiple domestic infrastructure projects.