An investigative report reports that China has spent 240 billion dollars to build the economy of 22 developing countries between 2008 and 2021, and the countries that have taken those loans have faced great difficulty in repaying the debt to China.
The report further states that China has again given loans between 2016 and 2021 to build the economy of those countries. A Reuters report states that Sri Lanka is among the countries that have given the loan.