El Salvador’s President Nayib Bukele talks to Chinese President Xi Jinping at the Great Hall of the People in Beijing.
“President Xi Jinping has just granted El Salvador gigantic, non-refundable cooperation, completely managed by our government,” Bukele tweeted late Tuesday announcing the projects, including a large capacity “modern” stadium. China has ramped up investment and infrastructure spending abroad in recent years, raising fears that countries benefiting from Beijing-backed loans are at risk of falling into its debt.
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