God1000:
This is colonization by debt, it's hard to believe that poor China of yesterday has now become the world's economic and technological powerhouse, it's all about good governance and curbing corruption.


I'm sure we're owing IMF and world bank a lot of money too


Meanwhile I don't see any European country on the list, it's all africa, Asia and south America

13. Belarus
Total External Debt to China (2022): $3.92 billion

Belarus ranks as the 13th country most in debt to China. It is a landlocked country situated in Eastern Europe. The total external debt of Belarus to China amounted to $3.92 billion in 2022.

God1000:
This is colonization by debt, it's hard to believe that poor China of yesterday has now become the world's economic and technological powerhouse, it's all about good governance and curbing corruption.


I'm sure we're owing IMF and world bank a lot of money too


Meanwhile I don't see any European country on the list, it's all africa, Asia and south America

Its not about corruption.

China is also very corrupt, very very corrupt.

The most corrupt amongst all is USA. Very very very corrupt.
But I don’t expect you to know all this

China is a net exporter, and they have racked up trillions of USD that they don't know what to do with it, and can't exchange it to yuan to avoid destroying the Chinese financial system.

That is why they are so benevolent in borrowing countries that need it. It's a form of soft power and a way to make the cash sanction-proof. The US can only sanction Chinese money, not the one it has lended.

Make china go collect country from Pakistan na hin remain

And China has a debt of Over $40 Trillion

Helpfromabove1:
China has another motive with some of these debt

Colonialism by debt because some of these countries can not pay back China just needs something from them either there natural resources or there [b]loyalty [/b]against US or something else

A fight for world economic power house is the game

As many more countries join the list the easier for China to propose Yuan as the world currency against dollar

Loyalty! Potopoto loyalty. No sane country in the will bank a penny on any African country except when they want to use such African country to test new bomb or biochemical weapons. African countries have nothing to offer. China can fry the whole of Africa in one day. Which loyalty? Is loyalty a resource

AlbertNewton:
Is China in debt to any country ?

Yes. They are owning Nigeria

Brazil and Nigeria really fail off. China should be borrowing from them

Beware of Chinese loan

christejames:
And Tinubu is warming up to request for more

Can you survive a day without mentioning Tinubu?

What about the USA.....they are owing a while lot to China too...even more than Nigeria

Give up your resources we write off the debts .... Very soon they would mandate they get all their food imports from china or compulsory buying of Chinese products for the next 50yrs ...For debt cancellation

God1000:
This is colonization by debt, it's hard to believe that poor China of yesterday has now become the world's economic and technological powerhouse, it's all about good governance and curbing corruption.


I'm sure we're owing IMF and world bank a lot of money too


Meanwhile I don't see any European country on the list, it's all africa, Asia and south America

Nigerians are lazy...especially mentally...we think amiss all the time! We feel our brain with tribalism and nepotism!

Let me drop this here.

China is one of the United States's largest creditors, owning about $859.4 billion in U.S. debt.

https://www.investopedia.com/articles/investing/080615/china-owns-us-debt-how-much.asp

God1000:
This is colonization by debt, it's hard to believe that poor China of yesterday has now become the world's economic and technological powerhouse, it's all about good governance and curbing corruption.


I'm sure we're owing IMF and world bank a lot of money too


Meanwhile I don't see any European country on the list, it's all africa, Asia and south America

Belarus!!

God1000:
This is colonization by debt, it's hard to believe that poor China of yesterday has now become the world's economic and technological powerhouse, it's all about good governance and curbing corruption.


I'm sure we're owing IMF and world bank a lot of money too


Meanwhile I don't see any European country on the list, it's all africa, Asia and south America

The report is actually misleading. Developed countries owe a lot more debt to China. And vice versa. This narrative of debt by colonialism is one I think the western world uses when they suspect they’re losing grip. Developing countries should be free to collect debt form whomever they please without being blackmailed for it.

USA is number 1. USA owes China 2 trillion dollars

Sonnobax15:

Nigeria settle down pin her tent for ground for China debt ..

Omoh,but why Ghana no dey na

At least they have something they are better than you 🤣🤣

faceland:
Angola - SOLD

Meanwhile it's an oil producing country, just like Nigeria. Africa my Africa.

wittywriter:


Eyes on their mineral resources.



Wittyness

Hmmmmm,

And this Bangladesh is the country that Peter Obi always use as a benchmark for Nigeria o

God1000:
This is colonization by debt, it's hard to believe that poor China of yesterday has now become the world's economic and technological powerhouse, it's all about good governance and curbing corruption.


I'm sure we're owing IMF and world bank a lot of money too


Meanwhile I don't see any European country on the list, it's all africa, Asia and south America

beautiful observation now lemme indulge you further my learned friend.. could you please now look up interest and resources of these countries especially the ones with the kinda out world external debt to another country? Because on face value it might seem normal but it’s anything but normal.. I’d give you a clue although I hate to .. nonetheless start from the resources of the debtors I mean viable and potential natural endowments juxtapose with the Europeans that have nothing lol including no debt .. there’s the clue now discern and peruse further I await your findings..

Somewhat disappointed at Nigerians position. Had thought Nigeria would be in top 5.

However, let's not forget that a few west African countries are owing Nigeria over a 100b Naira too...

God1000:
This is colonization by debt, it's hard to believe that poor China of yesterday has now become the world's economic and technological powerhouse, it's all about good governance and curbing corruption.


I'm sure we're owing IMF and world bank a lot of money too


Meanwhile I don't see any European country on the list, it's all africa, Asia and south America

It's not colonization. It's a matter of good terms for loan. China gives you lots of freedom in their loans but IMF and the west will make you swear to use their money on non beneficiary stuff before giving you loan

A good percentage of the Nigerian loan is in individual pockets like Ameachi and co

brain54:
Except China is benevolent...

enough to write off some of these country's debts they will never be able to pay it off.


Pakistan 26billion. Hian... Serial debtor.

Some of these countries aren't debt worthy and I wonder the motives for China allowing the loan pile up to that extent.

How countries like Sri Lanka and Mongolia want take pay back so. Sri Lanka has been defaulting on her debts!

where Pakistan wan see the money to pay back

God1000:
This is colonization by debt, it's hard to believe that poor China of yesterday has now become the world's economic and technological powerhouse, it's all about good governance and curbing corruption.


I'm sure we're owing IMF and world bank a lot of money too


Meanwhile I don't see any European country on the list, it's all africa, Asia and south America

European countries have the eu which provides a platform for the poorer countries to rely on the richer ones.

This life Truely no balance...

To put things in perspective Elon musk splashed 44 billion on his new play thing Twitter.

Imagine what that amount can do for any country!

pansophist:
China is a net exporter, and they have racked up trillions of USD that they don't know what to do with it, and can't exchange it to yuan to avoid destroying the Chinese financial system.

That is why they are so benevolent in borrowing countries that need it. It's a form of soft power and a way to make the cash sanction-proof. The US can only sanction Chinese money, not the one it has lended.

oga it is all about the the "belt and road" which is the cornerstone of China's foreign policy, why will China's legitimately earned dollars be sanctioned? by the way the USA is heavily indebted to china also, but us debts are in the form of long term government bonds.

Oracle411:
And China has a debt of Over $40 Trillion

to who?

Jedinfo001:
Beware of Chinese loan

says who? stop parroting western propaganda.