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International Business Times

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Developing Nations Face 'Tidal Wave' Of China Debt: Report

Part of the rail line linking China to Laos, a key part of Beijing's 'Belt and Road' project across the Mekong (Credit: AFP)

The world's poorest nations face a "tidal wave of debt" as repayments to China hit record highs in 2025, an Australian think-tank warned in a new report Tuesday.

China's Belt and Road Initiative lending spree of the 2010s has paid for shipping ports, railways, roads and more from the deserts of Africa to the tropical South Pacific.

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