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Snapshot 2:Tue, May 27, 2025 4:16:34 PM GMT last edited by Mr Bot

China Becomes Top Debt Collector as Poor Nations Face $22B Bill

PoorestChina 75Becomes nationsTop faceDebt ‘tidalCollector wave’as ofPoor debtNations repaymentsFace to$22B China in 2025Bill

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The Spin

China provided crucial financing when Western creditors refused to invest in developing nations, offering a more reliable partnership than inconsistent Western aid. Beijing's lending followed international practices and market principles, with multilateral institutions and Western commercial creditors actually representing the primary source of debt pressure for developing countries. The current narrative unfairly scapegoats China while ignoring how Western nations are cutting foreign aid and withdrawing support precisely when these countries need help most.


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