China’s lending boom to developing countries is morphing into defaults and debt distress. Given the secrecy surrounding …. We construct an encompassing dataset of sovereign debt restructurings with Chinese lenders and find that these credit … a resolution approach reminiscent of 1980s Western lenders; they seldom provide deep debt relief with face value …

Compared with China's dominance in world trade, its expanding role in global finance is poorly documented and … understood. Over the past decades, China has exported record amounts of capital to the rest of the world. Many of these financial … flows are not reported to the IMF, the BIS or the World Bank. "Hidden debts" to China are especially significant for about …

World Bank. These "hidden debts" distort policy surveillance, risk pricing, and debt sustainability analyses. Since China …Compared with China's pre-eminent status in world trade, its role in global finance is poorly understood. This paper …

This paper shows that China has launched a new global system for cross-border rescue lending to countries in debt …