China has dramatically curtailed its lending in recent years. Now, it's emerging as the largest debt collector for many of the world's poorest nations — a shift that threatens to undermine poverty ...
Kenya’s debt to China drops to an eight-year low as Beijing slows new lending, prompting alternative financing for the SGR.
"For the rest of this decade, China will be more debt collector than banker to the developing world," said Riley Duke, the report's author. In 54 developing countries, debt payments to China will ...
For two decades, China’s strategy in Africa was straightforward: shower the continent with opaque and corrupt loans to build roads, ports, and power plants, securing influence and natural resources ...
Many of the world’s poorest countries are due to make record debt repayments to China in 2025 on loans extended a decade ago, at the peak of Beijing’s Belt and Road Initiative, a report by the ...
China is issuing a greater proportion of longer-maturity sovereign debt to secure financing, but the increase in supply risks pushing up yields and weighing on already-weakening demand.
With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...
The extension of the Southern Expressway from Matara to Hambantota shown near Hambantota, Sri Lanka, in 2018 — a major infrastructure project funded by China as part of Beijing's ambitious Belt and ...