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Developing countries face 'tidal wave of debt repayments' to China, report shows

Spluk.ph by Spluk.ph
May 30, 2025
in Business & Economy
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Developing countries face 'tidal wave of debt repayments' to China, report shows
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China is about to obtain a file quantity of debt compensation from growing nations this 12 months, a majority of which is owed by the world’s 75 poorest nations. New analysis by Australian assume tank Lowy Institute says with new loans drying up and extra loans maturing, China has now switched from being a number one lender for low-income nations to a significant debt collector. Plus, a days-long taxi drivers’ strike continues throughout France at the same time as their foremost unions are negotiating with the federal government. 



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