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Syllabus: GS 2: India and its Neighbourhood Why in the News? Recently, China has now become the country with the largest foreign debt, with more than 25% of global bilateral external debt owed to it by the end of 2023. Introduction China emerged as the world’s largest bilateral lender at the end of 2023, accounting …
Read MoreSyllabus: GS 2 : India and its Neighborhood- Relations. Effect of Policies and Politics of Developed and Developing Countries on India’s interests Focus: China’s Role in Debt Surge: China’s significant lending activities, particularly in South Asia, Africa, and South America, have led to a surge in external debt in these regions, raising concerns about financial …
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