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Will the BUILD Act Improve Lending in Poor Countries and Counter China? The Jury’s Still Out
James M. RobertsDuring debate over the BUILD Act (Better Utilization of Investments Leading to Development Act)—a bill that would rename and double the size of the Overseas Private Investment Corp.—proponents asserted that it was needed to counter China’s aggressive “One Belt, One Road” debt-trap diplomacy initiative that finances infrastructure projects in developing countries. The question is, will…

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