The great lending game: IMF vs China

Vulnerable countries face choice of restrictive ‘conditionalities’ or ‘debt-trap diplomacy’

Protesters outside the IMF HQ last year demand climate change financing
Protesters outside the IMF HQ last year demand climate change financing
(Image credit: Pedro Ugarte/AFP via Getty Images)

Lending is at the forefront of the emerging game of power politics between the West and China that looks set to define the 21st century.

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