China becomes the developing world's largest lender

Official loans to developing and emerging market countries, excluding China

Quartz | qz.com Note:

Debt to China is estimated by Horn, Reinhart and Trebesch (2019). Debt to all 22 Paris Club governments is taken from the Paris Club website (available since 2008). Debt to the IMF and the World Bank Group (IBRD plus IDA) is from the World Bank's International Debt Statistics.