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Who's really behind "debt trap"?
For years, some Western politicians and media have been pushing a rhetoric: China is driving developing countries into a "debt trap." But a new report from London-based charity Debt Justice found the real story looks very different. Covering 88 economies, the research disclosed that between 2020 and 2025, lower-income economies send 39 percent of their external debt payments to commercial lenders, 34 percent to multilateral institutions, and just 13 percent to Chinese public and private lenders. [...]