Developing nations face a $22 billion debt repayment surge to China in 2025, raising geopolitical concerns.

Developing nations are facing a surge in debt repayments to China in 2025, totaling $22 billion, according to a report by Australia's Lowy Institute. The Belt and Road Initiative, which funded infrastructure projects in the 2010s, has shifted from new lending to high repayments, potentially impacting essential spending. The report also raises concerns about China leveraging these debts for geopolitical purposes.