See Sri Lamka. Or Pakistan.

On the contrary, with China, what they’re doing is a form or predatory lending, which exacerbates a country’s economic woes, sometimes into a crisis — and China is well-aware of this. They know these countries shouldn’t be given loans, but they do so because they know they can’t pay them back, and have to give up assets in return. This is why it’s a trap, and more countries are finally waking up to this.

>>Bangladesh’s finance minister Mustafa Kamal has warned that developing nations must 'think twice' about taking more loans through China's Belt and Road Initiative. He said 'Beijing's poor lending decisions' are pushing already indebted nations into economic distress. Highlighting Sri Lanka's crisis, the Bangladesh Finance Minister said that China must follow a more robust process for evaluating its loans.