The World's Bank Vast Chinese Loans Pose Risks to Developing World

China is the largest creditor in the world, funding infrastructure projects in the developing world in exchange for access to raw materials. A new study shows that the risk of a new debt crisis is significant.
The Colombo Port City project in Sri Lanka, seen here, was funded by $1.4 billion from China.

The Colombo Port City project in Sri Lanka, seen here, was funded by $1.4 billion from China.

Foto: Paula Bronstein/ Getty Images
A train in the Kenyan coastal city of Mombasa on a new line constructed by China.

A train in the Kenyan coastal city of Mombasa on a new line constructed by China.

Foto: STRINGER/ REUTERS
Foto: DER SPIEGEL