Tag: yuan lending
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China’s Africa Lending Enters a New Phase as Mega-Loans Give Way to Targeted Finance and Investment
Chinese development finance in Africa is moving away from its traditional model of large sovereign loans for mega-infrastructure projects. Boston University's latest data shows Beijing increasingly channeling support through alternative mechanisms, including foreign direct investment, equipment trade, and financing arrangements with ...
File image of the Coca Codo Sinclair dam in Ecuador that was financed and built by China. Image via amalavida.tv CC BY 2.0
By Julie Radomski Ten years after the Coca Codo Sinclair hydroelectric dam first came online, the Chinese state-owned construction company Sinohydro Corporation finally turned the project over to the Ecuadorian state last Friday. Yet Ecuador only agreed to accept it under the condition that ...
China’s Africa Lending Enters a New Phase as Mega-Loans Give Way to Targeted Finance and Investment
Chinese development finance in Africa is moving away from its traditional model of large sovereign loans for mega-infrastructure projects. Boston University's latest data shows Beijing increasingly channeling support through alternative mechanisms, including foreign direct investment, equipment trade, and financing arrangements with ...