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(TibetanReview.net, Oct11’25) – Developing nations are now repaying much more to China than they receive in new loans, showing a growing strain on economies already battling debt distress and underinvestment in climate action, reported africa.businessinsider.com Oct 11, citing a new report by Boston University’s Global Development Policy Centre.
The report, Reviving Chinese Development Finance in the Global South, has determined that net debt transfers from China to developing countries turned negative in 2022 and 2023, as nations collectively repaid $3.9 billion more each year than they borrowed.
China, the world’s largest bilateral lender, has long been a major financier of inf...
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