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David Malpass

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Foreign debt rose by just four percent
October 3rd, 2019 - 10:30 GMT

Developing Nations Foreign Debt Soars to $7.8 Trillion in 2018

Total foreign debt held by developing nations jumped more than five percent to $7.8 trillion, driven by a surge in Chinese debt, the World Bank said in a report on Wednesday. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-7…","video_id":"7c2e50c8-9b5c-4163-9815-21d6d268309b","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Countries with the Highest Risk of Money Laundry"} But the data show an increasing share of countries where the debt burden is rising, according to the International Debt Statistics Report. A growing appetite for yuan-denominated debt was ...
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