The Carnegie Endowment for International Peace published on 2 June 2021 an article titled "What Do We Know about Chinese Lending in Africa?" by Zainab Usman, director of the Africa Program at Carnegie.
The author arrived at the following five conclusions:
--China's lending portfolio is large but declining.
--Chinese creditors are increasingly commercially oriented.
--The controversial resource-backed lending model persists.
--Lending is mostly to infrastructure and other economic sectors.
--Sophisticated contract terms are needed to manage high-risk borrowers.
