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Top 20 Countries Owing the Most Debt to China
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Top 20 Countries Owing the Most Debt to China
1. Pakistan – $26.6 Billion Pakistan remains the top debtor to China, with approximately $26.6 billion in outstanding loans. The debt primarily originates from large infrastructure projects under the Belt and Road Initiative (BRI). These projects aim to enhance connectivity and economic growth, but concerns about debt sustainability persist within Pakistan’s economic landscape. 2. Angola – $21 Billion Angola holds the second spot with a debt of …
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