According to World Bank data analyzed by Statista, countries heavily in debt to China are mostly located in Africa, but can also be found in Central Asia, Southeast Asia and the Pacific. As Statista's Katharina Buchholz details below, as the new preferred lender to low-income countries, China now holds 37 percent of these nations' debt. Just 24 percent of the countries' bilateral debt comes from the rest of the world in 2022.