World Map Shows Countries With China Loan Money
Summary
A report from AidData shows China is the largest global lender, with a loan portfolio estimated at $2.1 trillion. These loans, part of programs like the Belt and Road Initiative, are spread across 217 countries, including major economies like the United States and Russia.Key Facts
- China has become the world's largest creditor with $2.1 trillion in loans.
- AidData's report tracked 30,000 projects in 217 countries.
- High- and upper-middle-income countries received 76% of the loans.
- The United States is the top recipient with $202 billion in loans.
- Russia and Australia are second and third in receiving loans, with $172 billion and $130 billion, respectively.
- China does not officially disclose its foreign lending data.
- AidData used various sources like loan contracts and host-country documentation for their analysis.
- Critics refer to China's lending as "debt-trap diplomacy," which China denies, claiming the loans are mutually beneficial.
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