Global Expansion

ANALYSIS: China Collecting Debt From Poorest Countries

The total outstanding debt owed to China is roughly $1.1 trillion—over half of these loans are now due.
Google LogoMark Us Preferred on Google
ANALYSIS: China Collecting Debt From Poorest Countries
Pakistan’s Gwadar Port is under construction on Feb. 12, 2013. The Chinese regime has 40-year rights to manage the port. Behram Baloch/AFP/Getty Images
Antonio Graceffo
|Updated:
0:00
News Analysis
Beginning in 2001 and including the Belt and Road Initiative (BRI) that started in 2013, China has invested in nearly 21,000 projects across 165 low- and middle-income countries. The total outstanding debt owed to China is roughly $1.1 trillion, and over half of these loans are now due—a proportion that will reach 75 percent by 2030.
Google LogoMark Us Preferred on Google
Antonio Graceffo
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
Related Topics