{"id":37511,"date":"2021-09-30T20:21:07","date_gmt":"2021-09-30T11:21:07","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2021\/sep\/30\/42-nations-owe-china-hidden-debts-exceeding-10-of-gdp-says-report"},"modified":"2021-09-30T20:21:07","modified_gmt":"2021-09-30T11:21:07","slug":"china-owed-385bn-including-hidden-debt-from-poorer-nations-says-report","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=37511","title":{"rendered":"China owed $385bn \u2013 including \u2018hidden debt\u2019 from poorer nations, says report"},"content":{"rendered":"<p>AidData finds 42 low-to-middle income countries with \u2018belt and road\u2019 exposure exceeding 10% of GDP<\/p>\n<\/p>\n<p>Researchers have identified debts of at least $385bn (\u00a3286bn) owed by 165 countries to China for <a href=\"https:\/\/www.theguardian.com\/cities\/ng-interactive\/2018\/jul\/30\/what-china-belt-road-initiative-silk-road-explainer\">\u201dbelt and road initiative\u201d (BRI) projects<\/a>, with loans systematically underreported to international bodies such as the World Bank.<\/p>\n<p>The four-year study by US-based research lab AidData said the debt burdens were kept off the public balance sheets through the use of special purpose and semi-private loans, and were \u201csubstantially larger than research institutions, credit rating agencies, or intergovernmental organisations with surveillance responsibilities previously understood\u201d.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2021\/sep\/30\/42-nations-owe-china-hidden-debts-exceeding-10-of-gdp-says-report\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AidData finds 42 low-to-middle income countries with \u2018belt and road\u2019 exposure exceeding 10% of GDPResearchers have identified debts of at least $385bn (\u00a3286bn) owed by 165 countries to China for \u201dbelt and road initiative\u201d (BRI) projects, with loans sys&#8230;<\/p>\n","protected":false},"author":1643,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[41,412,50,42],"tags":[],"class_list":["post-37511","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-belt-and-road-initiative","category-china","category-world-news"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/37511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/1643"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37511"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/37511\/revisions"}],"predecessor-version":[{"id":37512,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/37511\/revisions\/37512"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}