Loans taken out under One Belt One Road initiative will force up debt levels in vulnerable countries, says Center for Global Development.
Turkey, Egypt, Ukraine and Poland make up the top four investment destinations for the development bank, expected to post strong 2017 profits despite taking a hit from currency depreciations.
Mining company chief warns the move will make foreign investors wary of entering Mongolia.
Under the MoU, the Mongolian legal and regulatory framework will be reviewed in respect of the recommendations the country has received for combatting money laundering and financing of terrorism, and then suggestions for improvements will be made.
Company’s share price on Hong Kong index at lowest level in a year as it initiates internal investigation.