It took a while but Chinese scholars have finally responded to a groundbreaking report published on March 31st by a group of four U.S. and European think tanks that details the contents of Chinese loan contracts.
Huang Meibo and Niu Dongfang, both development economists at the Shanghai University of International Business and Economics, published a rebuttal in the nationalist Global Times newspaper that accused the report’s authors of using faulty research methodology and potentially harboring “ulterior motives” for their suggestion that China’s lending practices are more stringent than those of other countries.
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