Tag: Jin Zhongxia
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Chinese Central Bank Official Explains Why Beijing Is so Worried About Debt Restructuring
A senior official with the People's Bank of China, the country's central, provided new insights as to why Beijing is demanding that multilateral development banks (MDBs) also take losses on their loans to developing countries -- a key sticking point that has brought debt restructuring processes in several ...
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People’s Bank of China Exec Blames Debtor Countries for Transparency Issues
As controversy swirls over the role of Chinese lenders in successive Global South debt crises, China is still getting used to its new role as a global financier. This was one of the takeaways from a revealing speech by Jin Zhongxia, ...
Construction crews at work on the Nairobi Expressway on February 26, 2021, a project financed and constructed by the China Road and Bridge Corporation. Photo by SIMON MAINA / AFP
By Ding Fei As African cities experience some of the fastest urban growth rates in the world, China has become a major bilateral financier for urban infrastructure. From Nairobi’s elevated expressways to Lagos’s airport upgrades and Addis Ababa’s new riverside developments, Chinese-backed ...
Chinese Central Bank Official Explains Why Beijing Is so Worried About Debt Restructuring
A senior official with the People's Bank of China, the country's central, provided new insights as to why Beijing is demanding that multilateral development banks (MDBs) also take losses on their loans to developing countries -- a key sticking point that has brought debt restructuring processes in several ...
People’s Bank of China Exec Blames Debtor Countries for Transparency Issues
As controversy swirls over the role of Chinese lenders in successive Global South debt crises, China is still getting used to its new role as a global financier. This was one of the takeaways from a revealing speech by Jin Zhongxia, ...