China is now the biggest debt collector in the developing world, report says

4 comments

1. Submission Statement: developing nations debt to China has grown substantially over the last decade. now they have the most loans given out to foreign powers in the world. these debts had short grace periods that are now expired. this has not gone well for china as they have moved from being a lender to a collector, leading to places like kenya turning very anti china in recent elections

2. That is the right way to dump USD/treasuries. 

   You roll your eyes everytime you hear Japan and the rest whinging about dumping treasuries, i mean what are they going to do fill a Scrooge Mcduck size pool with dollar bills. 

3. IMO: the main threat here isn’t China influencing the world with loans, its that these countries weren’t given loans for a reason. the fact that these have mostly been forced to be renegotiated once already shows that these have been bad investments for china. and the whole thing is looking like its teetering on the verge of collapse. China does not the capability for “gunboat diplomacy.” outside of south east asia. these are bad loans and as the system comes down China is going to lose the money

4. South to South global relations to undermine the US, something something.

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