Washington, March 21 (IANS) Alarmed by China’s expanding financial footprint in South Asia, US lawmakers have pointed to mounting debt in countries like Pakistan and Sri Lanka as they pushed to strengthen American tools to compete with Beijing’s global lending.During a congressional hearing this week on the Export-Import Bank of the United States (EXIM), influential American lawmakers from both parties warned that China’s state-backed financing is reshaping economic and strategic alignment…
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