China’s hidden loans to the United States raise new concerns

Washington: China has quietly become one of the largest lenders to the United States, even as Washington continues to warn other countries about the risks of taking money from Chinese state banks. New research shows that Chinese state owned banks have provided about 200 billion dollars in loans to American companies and projects over the past two decades. Much of this financing moved through offshore locations, making it hard to trace and raising worries about transparency and national security.

According to analysts, many of these loans were linked to sectors such as technology, semiconductors, robotics and infrastructure. These are areas considered important for national security and economic strength. China has been shifting its overseas lending strategy to focus more on gaining inf