“US is biggest recipient of Chinese loans, study shows”, Reuters, 19 November 2025

The United States is the biggest recipient of China's lending activities globally, according to a study which tracked Beijing's credit activities and found it is increasingly lending to higher-income countries over developing countries.

The report, published on Tuesday by AidData [...] said China's lending and grant giving totalled $2.2 trillion across 200 countries in every region of the world from 2000 to 2023.

Beijing's portfolio size is two-to-four times larger than previous estimates suggest, AidData said, adding that China remains the world's largest official creditor.

In response to a request for comment on the report, China's Ministry of Foreign Affairs said its overseas investment and financing "adhered to international practices, market principles and the principle of debt sustainability."