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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.
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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
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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.
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.
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