How Chinese Money is Transforming Africa: It's Not What You Think
When, why, and how are Chinese banks really financing African development? This policy brief presents CARI researchers' analysis of Chinese loans in Africa, drawing from data collected and cleaned by CARI since 2007. Between 2000 and 2014, the Chinese government, banks and contractors extended US $86.3 billion worth of loans to African governments and state-owned enterprises (SOEs). Angola received the most Chinese loans, totally $21.2 billion over the past 15 years, followed by Ethiopia ($12.3 billion) and Sudan ($5.6 billion). Transportation, energy, and mining are the three largest sectors financed by Chinese loans in Africa.
Year of publication: |
2016
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Authors: | Hwang, Jyhjong ; Brautigam, Deborah ; Eom, Janet |
Publisher: |
Washington, DC : China Africa Research Initiative (CARI), School of Advanced International Studies (SAIS), Johns Hopkins University |
Saved in:
freely available
Series: | Policy Brief ; 11/2016 |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Research Report |
Language: | English |
Other identifiers: | hdl:10419/248190 [Handle] RePEc:zbw:caripb:112016 [RePEc] |
Source: |
Persistent link: https://www.econbiz.de/10012704342
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