Chinese loans have shorter repayment terms and higher interest rates than bilateral loans from Paris Club nations or loans from international organizations like the World Bank or the International Monetary Fund. This is the list of Countries that are most in debt to China.
Countries with high Chinese debt are primarily found in Africa, but they may also be found in Central Asia, Southeast Asia, and the Pacific, according to Statista's analysis of World Bank data. As Statista's Katharina Buchholz explains below, China currently holds 37% of the debt of low-income countries, making it the new favored lender to these countries. In 2022, only 24% of the bilateral debt owed by the nations is owed to the rest of the world.
More infographics can be found at Statista.
The "New Silk Road" initiative, which funds the development of port, rail, and land infrastructure around the world, has left participant nations deeply in debt to China. Pakistan ($77.3 billion in external debt to ...
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