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China's landmark Belt & Road Initiative has led to them becoming the biggest creditor to developing nations. But with the global economy faltering, many are defaulting on their debts. With no obvious solution, we look at what the future holds for China.
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1 - https://www.bbc.co.uk/news/59585507 2 - https://www.ft.com/content/ccbe2b80-0c3e-4d58-a182-8728b443df9a 3 - https://www.economist.com/graphic-detail/2019/07/12/chinese-loans-to-poor-countries-are-surging 4 - https://www.ft.com/content/ccbe2b80-0c3e-4d58-a182-8728b443df9a 5 - https://asia.nikkei.com/Spotlight/Sri-Lanka-crisis/Sri-Lanka-meltdown-exposes-China-loan-policy-5-things-to-know 6 - https://en.wikipedia.org/wiki/Hambantota_International_Port 7 - https://www.ft.com/content/ccbe2b80-0c3e-4d58-a182-8728b443df9a 8 - https://www.ft.com/content/ccbe2b80-0c3e-4d58-a182-8728b443df9a 9 - https://asia.nikkei.com/Spotlight/Sri-Lanka-crisis/Sri-Lanka-meltdown-exposes-China-loan-policy-5-things-to-know 10 - https://www.ft.com/content/ccbe2b80-0c3e-4d58-a182-8728b443df9a 11 - http://www.chinaafricarealstory.com/2021/09/zambias-chinese-debt-in-pandemic-era.html 12 - https://www.economist.com/finance-and-economics/2022/07/20/the-53-fragile-emerging-economies 13 - https://www.ft.com/content/ccbe2b80-0c3e-4d58-a182-8728b443df9a 14 - https://twitter.com/michaelxpettis/status/1547626601940402177 15 - https://www.ft.com/content/ccbe2b80-0c3e-4d58-a182-8728b443df9a 16 - https://rhg.com/research/new-data-on-the-debt-trap-question/ 17 - https://www.cgdev.org/sites/default/files/examining-debt-implications-belt-and-road-initiative-policy-perspective.pdf