Poorest 75 nations face ‘tidal wave’ of debt repayments to China in 2025, study warns
GuardianMAY 24
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.