Washington: A significant global borrower and creditor is China. As far as I'm aware, China is holding a sizeable amount of debt that is owed by other countries, particularly developing countries.

Through its Belt and Road Initiative, it has provided loans for infrastructure improvements and other projects. However, it is crucial to remember that over time, due to economic and geopolitical factors, the precise amount of China's external debt and its effect on the world may change.

China has provided loans and financial assistance to numerous countries around the world. Some of the countries that have borrowed from China include:  Pakistan, Sri-Lanka,Djibouti,Maldives,,Kenya,Angola,Laos,Venezuela,Mongolia,Montenegro

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These are merely a few instances, and the list is by no means complete. The terms and conditions of China's loans have been the subject of discussion, with questions about the sustainability of debt and potential political and economic repercussions for borrowing nations being raised.

Due to a number of factors, China has demonstrated a keen interest in investing in African nations.

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1. Natural resources: Africa is rich in natural resources such as oil, gas, minerals, and agricultural products. China's rapidly growing economy has a high demand for these resources to fuel its industries and sustain its population.

2. Market access: Africa represents a vast and untapped consumer market with a growing middle class. China sees potential in accessing these markets to expand its exports and promote its products and services.

3. Infrastructure development: China has been actively involved in infrastructure development projects in Africa, including building roads, railways, ports, and power plants. These investments help create better transportation networks, boost trade, and stimulate economic growth.

4. Geopolitical influence: China's investments in Africa also serve its geopolitical interests. By strengthening economic ties and building alliances, China aims to increase its influence on the continent and secure access to strategic resources.

5. Win-win partnerships: China's investment approach in Africa often involves providing loans and financial assistance for infrastructure projects. This helps African countries address their development needs and promotes cooperation between China and African nations.

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It's significant to note that China's involvement in Africa has also drawn criticism. Concerns have been expressed regarding the effects on regional economies, the viability of the debt, environmental concerns, labour practises, and project implementation transparency.