20 Countries Most In Debt To China - Business (2)

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Re: 20 Countries Most In Debt To China by youngrichnigga: 10:18pm On Apr 06

9ja dey top 10, na regular we be for debt FC first 11 grin

2 Likes

Re: 20 Countries Most In Debt To China by Caleb15(m): 10:20pm On Apr 06

How much is the total

Re: 20 Countries Most In Debt To China by SeriouslySense(m): 10:20pm On Apr 06

10. Nigeria
Total External Debt to China (2022): $4.29 billion

Nigeria is a West African country with a total external debt of $4.29 billion to China in 2022. It ranks among the top 10 countries most in debt to China.

Re: 20 Countries Most In Debt To China by lordm(m): 10:20pm On Apr 06

That's some huge debt. Angola and Sri Lanka can't pay back

1 Like

Re: 20 Countries Most In Debt To China by Holluwhakemmy(f): 10:20pm On Apr 06

Felabrity:
Nobody send buhari message

Na the criminal and his family go pay the debt

dey play, you will also pay

1 Like

Re: 20 Countries Most In Debt To China by faceland: 10:21pm On Apr 06

mytime24:
If naija no dey that list

Wetin naija polithieftians gain 🤔

I am surprised it's only 4 billion dollars it amounted to.
Wasn't it this same China that was giving Buhari billions every now & then?

I thought USA owes

5 Likes

Re: 20 Countries Most In Debt To China by Oakenshield: 10:21pm On Apr 06

Is this not what Nigeria is supposed to be doing giving loans to other countries and be a real super power No,we prefer stealing and giving crumbs to thugs to rig

5 Likes

Re: 20 Countries Most In Debt To China by SeriouslySense(m): 10:21pm On Apr 06

, five times nigeria debt

Antoeni:
Angola is Gone Forever

1 Like

Re: 20 Countries Most In Debt To China by sylve11: 10:22pm On Apr 06

Felabrity:
Nobody send buhari message

Na the criminal and his family go pay the debt

Dey joke.

Re: 20 Countries Most In Debt To China by Gentlesoul2021(m): 10:22pm On Apr 06

God1000:

https://finance.yahoo.com/news/20-countries-most-debt-china-202359520.html

China the new USA

2 Likes

Re: 20 Countries Most In Debt To China by flokii: 10:22pm On Apr 06

Nigeria already discovered oil in commercial quantities when China had nothing.. see where bad leaders, religious hypocrisy and corruption have landed us.

17 Likes 1 Share

Re: 20 Countries Most In Debt To China by CrownOfClay724: 10:23pm On Apr 06

Is it excluding debts owed by individuals?

I remember the report that Chinese NEXIM bank gave Dangote over $4b loan around 2018 or thereabouts.
That one no join?

9 Likes 1 Share

Re: 20 Countries Most In Debt To China by Boyjaco: 10:24pm On Apr 06

still some millions of people are without internet 😞😞😞

1 Like

Re: 20 Countries Most In Debt To China by flokii: 10:25pm On Apr 06

CrownOfClay724:
Is it excluding debts owed by individuals?

I remember the report that Chinese NEXIM bank gave Dangote over $4b loan around 2018 or thereabouts.
That one no join?

Na Dangote palava be that.. wait for them to release list of individuals indebted to China.

2 Likes

Re: 20 Countries Most In Debt To China by SpaceX: 10:26pm On Apr 06

Over 132 billion, if no be Nigeria corruption Wetin we dey do for there?

2 Likes

Re: 20 Countries Most In Debt To China by Holluwhakemmy(f): 10:26pm On Apr 06

Hezzyluv:
As far as I am concerned, China is the world's power.

They are really trying

1 Like

Re: 20 Countries Most In Debt To China by faceland: 10:27pm On Apr 06

Sensiblerealist:
Nigeria would soon overtake the top 5 by the time they factor in the debt collected by Buhari and his cohorts especially Amaechi wey build old school train tracks dey form like say e don do what no one has ever done.
Kano-Maradi own na inn go finish this country

He was collecting like 20 billion dollars at once.

1 Like

Re: 20 Countries Most In Debt To China by Gerrard59(m): 10:28pm On Apr 06

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 is not colonisation by debt as they were not forced to obtain those loans. Colonisation was by force, obtaining a loan is not by force. European countries and the US are wealthy enough to sustain themselves or print Euros and dollars yanfu yanfu and the effects would be less since the Euro and Dollars are used across the world.

P.S. Nigeria owes more to Western countries and institutions than to China.

11 Likes 3 Shares

Re: 20 Countries Most In Debt To China by DystopianMuse(f): 10:28pm On Apr 06

Talk about debt trap diplomacy

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 loyalty 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

Re: 20 Countries Most In Debt To China by mightyhazel: 10:29pm On Apr 06

Antoeni:
What Do You Call Scam or Fraud?

Na bat package Dem... All na part of the grand plan

1 Like

Re: 20 Countries Most In Debt To China by Dittodat: 10:29pm On Apr 06

So the US is not on the list. Fake list.

The US owes China the most money and it's a lot of money too.

China gets a lot of attention for holding a big chunk of the U.S. government's debt. Given that its economy expanded rapidly in the last decades, perhaps this shouldn't come as a surprise. China takes the second spot behind Japan among foreign holders of U.S. debt with $797.7 billion in Treasury holdings as of January 2024.

5 Likes 1 Share

Re: 20 Countries Most In Debt To China by faceland: 10:30pm On Apr 06

Antoeni:
What Do You Call Scam or Fraud?

One of the most sad meme I have ever seen. Buhari was a scammer.

1 Like

Re: 20 Countries Most In Debt To China by pretydiva(f): 10:31pm On Apr 06

AlbertNewton:
Is China in debt to any country ?

Good question

Re: 20 Countries Most In Debt To China by thevoicenews: 10:32pm On Apr 06

Adekule Gold and Simi Set to Remix "Men Are Crazy" Song

Watch video

https://www.youtube.com/watch?v=k-xLj-U-nsQ

Re: 20 Countries Most In Debt To China by Quebec91(m): 10:32pm On Apr 06

Fadddd:
Looks like China owns everybody already

Re: 20 Countries Most In Debt To China by elasticlala: 10:33pm On Apr 06

AlbertNewton:
Is China in debt to any country ?

China's debt to the United States as at January 2023 was about $859,400,000,000.
China's debt is denominated in US dollars, euros, and Japanese yen.
In 2023, China's gross external debt was $2.38 trillion, and its debt-to-GDP ratio reached a record 288%.

Re: 20 Countries Most In Debt To China by faceland: 10:33pm On Apr 06

BondRiv:
We need to tread carefully with China. I don't know why a country as blessed as Nigeria cannot look inwards and harness it's resources.

We know their objectives. The leaders can't resist what looks like free money.

Most of our inflation is Buhari borrowing billions then hide it offshore, but they think the money is in circulation in Nigeria.

Re: 20 Countries Most In Debt To China by steeltrust: 10:34pm On Apr 06

Please add america and Russia too to the list

Re: 20 Countries Most In Debt To China by Benwallt(m): 10:35pm On Apr 06

Angola and Pakistan cannot escape it. See as Africa full the list. What's China surviving on? See gbese.

Other countries no dey owe African countries Na we dey owe them.

Africa! Wale up!

2 Likes

Re: 20 Countries Most In Debt To China by Impliment: 10:36pm On Apr 06

Hezzyluv:
As far as I am concerned, China is the world's power.

Akiko ndi mgbu!

Re: 20 Countries Most In Debt To China by ebenholer2(m): 10:37pm On Apr 06

Kuku carry all our leaders(starting from state governors) as an exchange for the debt cos they are as useless as anything.

1 Like

Re: 20 Countries Most In Debt To China by EmmyMaestro(m): 10:37pm On Apr 06

They will come and collect all the lithium in Nigeria and Congo

1 Like

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