I am not as discouraged as some people are by China's activity. They have every right to do this. On the contrary, the more China chases after these countries, the more likely China will get dinged.
https://apnews.com/article/china-debt-banking-loans-financial-developing-countries-collapse-8df6f9fac3e1e758d0e6d8d5dfbd3ed6
A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s biggest and most unforgiving government lender, China. An Associated Press analysis of a dozen countries most indebted to China — including Pakistan, Kenya, Zambia, Laos and Mongolia
Ever notice that when the social activists demand debt relief for poor countries, they never make the demand to China, and China has the most onerous and unforgiving of debt agreements. At some point, these client states will default and China can take a haircut.
Best of all China pushed in to become one of Africa's biggest creditors. Now China is finding out how difficult it is to collect from some countries. https://www.lemonde.fr/en/economy/article/2024/01/12/the-new-face-of-chinafrica-is-marked-by-a-dramatic-drop-in-lending-to-the-continent_6427213_19.html
The west is looking better and better. Maybe Russia can step in and back some of these countries.