Report says China made hundreds of billions in loans to US firms to gain edge

Business

Report Says China Made Hundreds Of Billions In Loans To Us Firms To Gain Edge

By AP News

WASHINGTON (AP) — For years, Washington has been warning others not to trust loans from Chinese state banks fueling its rise as a superpower. But a new report reveals an ironic twist: The United States is the biggest recipient of all — by far. And th ...Read more