Not the way America is, no. China gives loans with minimal terms to build infrastructure, and has a record of forgiving the debts when they become unpayable. The US (via the IMF) lends money for infrastructure under terms that require concessions in government policy like "repealing wage laws" and "spending less on healthcare", and rarely discharges debt, instead lending out more money at worse interest with even more austerity concessions. If a government pops up thay doesn't like the terms, we coup them. China does nothing anything like that.