A discussion over the extent of China’s “hidden loans” in Africa and other developing regions has been bubbling all spring in Washington’s think tank and scholarly circles. It all started back in late March when the Wall Street Journal published an article featuring data from scholars Sebastian Horn, Carmen Reinhart, and Christoph Trebesch (aka “HRT”) that claimed: “an estimated $200 billion of emerging-market debt owed to China has gone unreported in official statistics in recent years.”
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