Cryptocurrency Q&A Who owes China the most money?

Who owes China the most money?

GyeongjuGlory GyeongjuGlory Sun Aug 11 2024 | 7 answers 1450
So, let's dive into this intriguing question: Who owes China the most money? It's a fascinating topic that has captured the attention of economists, policymakers, and the general public alike. As a leading creditor nation, China's foreign debt holdings are substantial and diverse, spanning from government bonds to corporate loans. But who stands at the top of this list, owing the most to China? Is it a major developed economy, or perhaps an emerging market with significant infrastructure needs? The answer to this question could have far-reaching implications for global economic dynamics, as well as for China's own foreign policy and economic strategy. So, let's delve deeper and uncover the truth behind who owes China the most money. Who owes China the most money?

7 answers

KimonoElegance KimonoElegance Tue Aug 13 2024
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Elena Elena Tue Aug 13 2024
Angola is another country struggling with debt to China, totaling $64.8 billion (£52 billion). This underscores the complexities of international finance and the potential consequences of borrowing on a large scale.

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Elena Elena Tue Aug 13 2024
Pakistan's debt to China stands at $68.9 billion (£55bn), further illustrating the intricate web of financial relationships that exist between nations.

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Isabella Isabella Tue Aug 13 2024
Venezuela's debt to China is even more substantial, reaching $112.8 billion (£90bn). This highlights the severity of the country's financial challenges and the role that external debt plays in shaping its economic future.

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TaekwondoMasterStrengthHonor TaekwondoMasterStrengthHonor Tue Aug 13 2024
China holds significant financial leverage over various nations, with billions of dollars in debts owed to it. The scale of these debts underscores the economic interdependencies that exist in the global landscape.

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