💨 Abstract

China lent $56.9 billion to 19 emerging economies between 2000 and 2021, primarily to Chinese-owned companies, for mining projects in critical minerals like copper, lithium, nickel, cobalt, and rare earth elements. Beijing aims to strengthen its reserves of these minerals, which are crucial for consumer technologies, renewable energy, and defense technologies.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖