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!

when e be say na cricket dem go dey play upandan

Timoleon:

Where you read your own? Even isa never reach there and them owe pass.

Google it na

TheOgaBoss:
to who?

World Bank. IMF. Chinese Banks . US etc

Most of the Nigeria Debts are incurred by Politicians,for fun not for the benefits of everyone in the Society.
Until we know How much Buhari took,how much he expended on the so called Projects and he should name the Projects he did for 8- years,Fed Govt should not pay back the Money!
Same yardsticks for All the Loans by the State governors, including the Past Governors.
Most of these Loans are just being Corrupted for self and personal aggrandisement!
We don't need loans in Nigeria but Management of Our Resources and greedness are the issues here!
For a Loan is good if used for a Particular Project or Specific Projects!

China will likely take over the world very soon

Oracle411:


World Bank. IMF. Chinese Banks . US etc

provide a link or source for ur assertion
fyi it is the USA that owes china
https://www.investopedia.com/articles/investing/080615/china-owns-us-debt-how-much.asp

Stop your nonsense. TINUBU NECER BORROW MONEY FROM CHINA. NIGERIA NEVER BORROW MONEY FROM CHINA. It may be companies having projects with some states in Nigeria

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

You people just comment anyhow without doing your research

God1000:


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

forgot the add the US who owes China more than any other right?

The US owes 859 billion to China

How will these countries pay back their debts bayi

Pakistan is a failed state. A prime example not to be dragging with who pass you (India in their case).

Their main industry is nuclear weapon and religion. See how that turned out!

Africa keep remaining the poorest continent

China just dey print money for them ni? Then collect their natural resources and construct bridges bringing prisoners for their country to work .Slavery mentality to these countries

How much does America and United Kingdom owe China?

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 rather a willful Slavery by most of those countries that has refused to grow up and be truely independent countries. On a good day , take nig for example we are supposed to be Ok on our own but corrupted leaders won't let us be. Secondly our religous and ethnic Bias will not let us come together as one force to demand good governance From our government. We always have that feeling that its my brother's government don't come and Spoil it. Ah we should not protest against our brother's government. Now they take advantage of this sentiments planted by the colonial powers when they were trying to supress

Incidentally, I'm fascinated by the way the following from Google is phrased : China is one of the United States's largest creditors, owning about $859.4 billion in U.S. debt.

Note China owns billions in US debt while Nigeria is indebted to China. Why can't China own Nigeria debt ? Sounds much sexier or more authoritative on behalf of the owing party.And the psychology of the phrasing means that, if you're not careful, you'd think that it is the Chinese owing money not the reverse.

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

Those countries listed here, all join together can't have the impact to change world currency. No Europe or N/America. Na them poor countries. China yuan cannot withstand the pressure like on US dollars and still standing

What actually did ANGOLA did with such mountainous debt that might've divided their GDP in half？ Anyway, they have crude oil to pay the debt. But that's gonn be a bane to their development.