The "hidden debt" (US$ 309 billion) and "underreported debt" (US$ 385 billion) problem with Chinese loans is not as serious as the numbers suggested in a recently published AidData report. The median figure for "underreported debt" is 1.8 percent of GDP, however AidData reports that the...

THIS PAPER PROVIDES AN EVALUATION of China’s participation in the G20’s COVID-19 Debt Service Suspension Initiative (DSSI). Through analysis of available data, more than 100 interviews, and fieldwork in Angola, Kenya, and Zambia, we argue, with some caveats, that the DSSI was a success....

On March 25, 2020, as the COVID-19 pandemic swept across the world, the heads of the International Monetary Fund (IMF) and the World Bank proposed that the leaders of the world's 20 largest economies, the Group of 20 (G20), provide breathing space by suspending the collection of debt service on...

As China is poised to become the world’s largest creditor, concerns about debt sustainability have grown. Yet considerable confusion exists over what is likely to happen when a government runs into trouble repaying its Chinese loans. In this working paper, we draw on data from the China Africa...