37 min listen
Why China's Cutting Back on Overseas Lending
Why China's Cutting Back on Overseas Lending
ratings:
Length:
44 minutes
Released:
Dec 18, 2020
Format:
Podcast episode
Description
It's going to be much more difficult for countries in Africa and other developing regions to borrow money from China. New research from Boston University's Global Development Policy Center reveals a sharp drop in overseas lending by the country's two largest policy banks, from $75 billion in 2016 to just $4 billion last year. After years of sometimes profligate lending, Chinese creditors are showing newfound discipline on what they finance.Dr. Yan Wang, a senior visiting fellow at the Institute of New Structural Economics at Peking University, is among the world's leading experts in Chinese overseas development finance. She joins Eric & Cobus to discuss her latest research on the issue and why she thinks Beijing is now pulling back the reins on lending. JOIN THE DISCUSSION:Facebook: www.facebook.com/ChinaAfricaProjectTwitter: @eolander | @stadenesque | @yanwang2005bSUBSCRIBE TO THE CAP'S DAILY EMAIL NEWSLETTERYour subscription supports independent journalism. Subscribers get the following:1. A daily email newsletter of the top China-Africa news.2. Access to the China-Africa Experts Network3. Unlimited access to the CAP's exclusive analysis content on chinaafricaproject.comTry it free for two weeks: www.chinaafricaproject.com/subscribeSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Dec 18, 2020
Format:
Podcast episode
Titles in the series (100)
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