Zambia defaulted on its debt in 2020 and has made little progress in restructuring it with Chinese and private creditors to date
The world's most indebted property developer has been struggling to repay its many creditors, making this a 'crucial year' for debt repayment
The average ratio of public debt to gross domestic product—a key measure of a country’s fiscal health—rose to a record 67% last year in emerging market countries
Although debt ratios are lower than in the mid-90s, debt has been creeping up for the past decade and the composition of creditors has changed from mostly western nations to China
More disclosures are expected during the upcoming earnings season, putting pressure on Chinese authorities to do more to limit contagion