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Questions & answers on China as a major creditor power

China has been demonized by several commentators: it is said to be the main creditor of many countries of the South and to get the most of them through ruthless exploitation whereas the World Bank, the IMF, the Paris Club, that bring together traditional creditor powers, are supposed to do their best to help those countries burdened by too much debt. China also uses propaganda. It parades as an ally of countries of the South, regularly announces debt cancellation and debt relief, and claims that it does not enforce neoliberal conditionalities as do the IMF and the World Bank. It also stresses its efficiency. […]