China is now the biggest debt collector in the developing world, report says

The extension of the Southern Expressway from Matara to Hambantota shown near Hambantota, Sri Lanka, in 2018 — a major infrastructure project funded by China as part of Beijing

Developing countries owe billions to China, which threatens to undermine poverty reduction efforts and fuel instability, according to a new report from Australia's Lowy Institute.

(Image credit: Paula Bronstein)