Horn, Sebastian; Reinhart, Carmen M.; Trebesch, Christoph - 2019 - This draft: July 3, 2019
sovereign debt. We establish the size, destination, and characteristics of China's overseas lending. We identify three key … data on Chinese overseas debt stocks and flows. Third, the type of flows is tailored by recipient. Advanced and higher … middle-income countries tend to receive portfolio debt flows, via sovereign bond purchases of the People's Bank of China …