China is growing at a steady pace, so it uses the money to expand its influence on the Arab world

In this context, the Kiel Institute for the Global Economy has prepared a study on China's financial leverage worldwide, noting that almost all Chinese loans and loans abroad are official , unlike other major economies.

According to the study, this means that loans abroad are made by the Chinese government, state-owned enterprises or by the central bank.

Many countries showed a positive attitude towards Chinese funds and thought that it was almost free loans, but these loans were very expensive because they linked them to the economy. Chinese and mortgaged their future to Chinese companies.

In the study, the institute categorized China's debtors and calculated the debt-to-GDP ratio of these countries in order to show the influence of China in the world.

In the chart published by the Institute, countries with a debt-to-GDP ratio of over 25% are represented in dark blue, while countries with a debt-to-GDP ratio of between 10% and 25% of GDP are in light blue.

There is no Arab country among the 50 most indebted countries to China.

Egypt and Algeria are among the countries with debts to China accounting for between 1% and 5% of GDP.