Wednesday, February 19, 2020

China's Resource-backed Loans

The Center for Advanced China Research published on 18 February 2020 an analysis titled "The Rise and Fall of the Resource-backed Loan" by Scott Wingo, PhD candidate at the University of Pennsylvania.

The article looks at the positives and negatives of China's loans, especially to Africa, that are repaid by sending natural resources to China. Resource-backed loans have played a smaller role in Chinese policy since the commodity slump that began in 2014.