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A new study has found that China is the world's largest official creditor, channelling a total of $2.2 trillion to countries as loans or grants. Between 2000 and 2023, China’s lending and grants reached 200 out of 217 countries and territories, surpassing even the World Bank, according to US-based AidData’s recent report titled Chasing China. Between 2014 and 2023, for every $1 the World Bank provided in loans or grants, China extended $2.20. The report also revealed that 10 of the 20 largest recipients were wealthy countries rather than developing nations, challenging a widely held assumption. Here’s a look at the top 10: (Image: Reuters)
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1. The US | $202 billion: The US received the highest amount of investment from China, mostly in critical infrastructure, critical

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