Secret lender: How China put USD 200 billion into high-tech American businesses over 24 years

China’s state lenders have funnelled USD 200 billion into US businesses for a quarter of a century, but many of the loans have been kept secret because the money was first routed through shell companies in the Cayman Islands, Bermuda, Delaware and elsewhere that helped obscure their origins, according to AidData, a research lab at the College of William & Mary in Virginia.

About Tag: Business

Business, Business News, Business Updates, Connected to India, Corporate, Technology, Daily news