Thursday, September 9, 2021

Chinese Financing Falls in Africa

 Global Trade Review published on 8 September 2021 an article titled "Chinese Contractors in Africa Turn to Europe for Financing" by Jacob Atkins.

As major Chinese financing institutions such as the China Export Import Bank and China Export and Credit Insurance Corporation (Sinosure) hit exposure limits in heavily indebted African countries, Chinese contractors in Africa have begun seeking financing from European banks and export credit agencies.