Tag: Chinese development finance
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It’s Payback Time For a Lot of Those Chinese Loans
Borrowers in Africa and other developing regions are expected to repay $35 billion of Chinese loans this year, with two-thirds of the amount coming from the world's poorest countries. Many of these debts were taken out in the mid-2010s and are ...
BRI DEEP DIVE: New Chinese Government Report Gives the Broadest Inside View of the BRI Yet
Marking the tenth anniversary of the Belt and Road Initiative, China’s State Council Information Office released a huge white paper taking stock. It provides the most comprehensive view yet of how the BRI is viewed inside China and a rundown of key achievements.
BRI DEEP DIVE: Outside View Reveals Debt and Pollution, But Also Real Development Benefits
If the Chinese Government’s white paper gives the government account of the BRI, a second huge report provides the view from outside. Boston University’s Global Development Policy Center published a report this week that takes a critical view of the initiative’s first decade.
Report: China is Top Source of Development Finance to Southeast Asia, but Competitors Rapidly Catching Up
China remained Southeast Asia's largest source of aid and development finance even as competitors from G7 countries step up their engagement in this geopolitically strategic region, according to the findings from a new data project done by the Australian think tank Lowy Institute.