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The 7th Forum on China-Africa Cooperation (FOCAC) will be held in Beijing from September 3 to 4, 2018. Since 2000, the FOCAC has been held every three years. It serves as the official summit between the Chinese president and African heads of state, and results in major policy and financing...
Persistent link: https://www.econbiz.de/10012704394
From modest beginnings in 1960, China has recently become a highly visible actor in Africa's lending landscape. African borrowers have built roads, installed electrical grids, and modernized their airports with Chinese finance. Yet when commodity prices and growth rates began to tumble in 2015,...
Persistent link: https://www.econbiz.de/10012704396
China's lending to Africa remained significant in 2019, but its nature is changing. Chinese financiers have committed US$ 153 billion to African public sector borrowers between 2000 and 2019. At least 80 percent of these loans financed economic and social infrastructure projects: mainly...
Persistent link: https://www.econbiz.de/10012704397
Zambia's debt difficulties hit headlines in November 2020 when the country defaulted on its Eurobond payments. In August 2021 a new president, Hakainde Hichilema, took office, facing a debt burden that had never been fully transparent to Zambia's public and the world. This paper is CARI's...
Persistent link: https://www.econbiz.de/10012704398
On September 29, 2021, AidData, a research lab at William & Mary, released a detailed overview of their new data on China's global lending, "Banking on the Belt and Road." The report has generated much commentary. In this briefing paper, Deborah Brautigam and Yufan Huang examine the data...
Persistent link: https://www.econbiz.de/10012704399