Archive · 2 Jun 2025

Developing Nations Face China Debt 'Tidal Wave'

Developing Nations Face China Debt 'Tidal Wave'

Many developing countries borrowed money from China to build things like roads and ports.

Now, they have to pay it back.

A new report says these payments are becoming a big problem, especially for the poorest countries.

These countries might not have enough money for things like schools and hospitals.

China is now getting back more money than it's lending out.

The report suggests China could use this debt to gain more influence.

China says it follows international standards.

Sources