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The Latest Breaking News from AidData

China Secretly Funnels Over $200 Billion Into Nearly 2,500 US Projects Despite Trump, Biden Crackdown

Chinese financial institutions have discreetly funneled over $200 billion into a multitude of projects in nearly every U.S. state over the last 25 years, a report by Virginia-based research lab AidData showed on Tuesday.

Benzinga

Why is the US taking so many loans from China's state banks?

China’s state lenders have funnelled billions into US businesses for a quarter of a century, but many of the loans have been kept secret.

Euronews

US has warned others to avoid loans from Chinese banks. But it’s the biggest recipient of all

‘China was playing chess while the rest of us were playing checkers’

The Independent UK

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Trump's freeze on foreign aid could give China an opening on the world stage

President Donald Trump’s restrictions on foreign aid and targeting of a key agency funding programs around the world may be offering an opening to China

The Independent UK

Gutting Aid, US Cedes Soft Power Game To China

When President Donald Trump froze nearly all US foreign aid, Cambodia was forced to suspend workers removing dangerous mines from the country -- until China stepped in with the necessary funding.

International Business Times

Ten years into China's Belt and Road, recipients are $1 trillion in the red

China is owed more than a trillion dollars through its Belt and Road Initiative, making it the biggest debt collector in the world, a report said this week. An estimated 80 percent of the loans support countries in financial distress.

Radio France Internationale

US plans to build a $553 million terminal at Sri Lanka's Colombo port in rivalry with China

The U.S. has announced plans to launch a $553-million project to build a new, deep-water shipping container terminal in the Port of Colombo as it competes with China in international development financing

The Independent UK

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China ‘world’s biggest debt collector’ as poorer nations struggle with its loans

Country, estimated to be owed up to $1.5trn, is increasing penalties for late payments and cutting back on infrastructure projects

The Guardian - UK

China may be planning overseas naval bases in Asia and Africa, say analysts

Beijing believed to be aiming to rival US’s global maritime power and defeat western sanctions, report concludes

The Guardian - UK

China spent $240 billion bailing out 'Belt and Road' countries - study

China spent $240 billion bailing out 22 developing countries between 2008 and 2021, with the amount soaring in recent years as more have struggled to repay loans spent building "Belt and Road" infrastructure, a study published on Tuesday showed.

Reuters

China lends billions to poor countries. Is that a burden ... or a blessing?

China doles out much cash for infrastructure. It must be repaid. Is that frustrating for recipients? A new survey has a surprising answer. But skeptics wonder: How honest were the participants?

WEKU

China Reins In Belt and Road Program, $1 Trillion Later

China has spent a trillion dollars to expand its influence across Asia, Africa and Latin America through its Belt and Road infrastructure program. Now, Beijing is working on an overhaul of the troubled initiative, according to people involved in policy-making.

People

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China Development Bank

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