Chinese Debt

African countries feel they have been trapped in Beijing's debt circle after China showed reluctance in lending financial support to them, Federico Giuliani writes in Inside Over.

The world's low-income countries owe 37 per cent of their debt to China in 2022, compared to just 24 per cent in bilateral debts to the rest of the world

Pakistan is blindly following Sri Lanka's path which will lead the country to fall into the Chinese debt trap

China exacerbated but didn't mostly cause the problem whose roots lay in borrowing countries' broken politics and economic mismanagement. The loans may only have solved some problems, writes T N Ninan

Late repayments could trigger cross-defaults as the firm's liabilities involved as many as 128 banks and over 121 non-banking institutions

Chinese authorities have started to evaluate systemically important banks this year by measuring assets of the nation's 30 largest lenders.

While their spending and borrowing is good for lenders, brands and economic growth, it is also a risk as they add to China's fast-growing debt