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(TibetanReview.net, May27’25) – The most vulnerable nations on Earth are facing a “tidal wave” of debt repayments from this year as a Chinese lending boom starts to be called in, reported theguardian.com May 27, citing a new report published May 27 by Australian foreign policy thinktank the Lowy Institute. China has long been accused of debt trapping poor nations with loans for highly questionable projects on terms that lack transparency, often signed with corrupt leaders.
China will now be more of a debt collector than banker to the poorest 75 countries of the world as they collectively owe some $22 bn to it this year alone for loans taken mostly under President Xi Jinping’s Belt an...
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