Lenders do due diligence to discover the ability of the borrower to pay back the loan. Banks having a record of too many foreclosures get flagged for poor performance. Foreclosures can be messy affairs which banks try to avoid.
China on the other hand doesn't have to be concerned about loan defaults. They just attach the collateral pledged, like shipping ports in Sri Lanka and Pakistan. This ties in with their BRI program, which incidentally is not faring very well. I recently posted a link to video which talks about this. This can be interpreted as interference since it almost always involves bribing local officials. Cannot be. China would never do such a thing.