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China’s lending boom to developing countries is morphing into defaults and debt distress. Given the secrecy surrounding … China’s loans, also the associated defaults remain “hidden”, as missed payments and restructuring details are not disclosed …
Persistent link: https://www.econbiz.de/10012807855
With ever-increasing political tensions between China and Russia on one side and the EU and the US on the other, it …
Persistent link: https://www.econbiz.de/10012888028
Bilateral donors use foreign aid to pursue soft power. We test the effectiveness of aid in reaching this goal by leveraging a new dataset on the precise commitment, implementation, and completion dates of Chinese development projects. We use data from the Gallup World Poll for 126 countries over...
Persistent link: https://www.econbiz.de/10013164596
immigrants from other African countries and from other parts of the world, such as China. Given high poverty levels and weak … economic concerns. Furthermore, immigrants from China are perceived less positively and economically more threatening than …
Persistent link: https://www.econbiz.de/10013259209
Since the outbreak of the COVID-19 pandemic, China's mask and vaccine diplomacy have been widely discussed, but the … debate relies on a few stylized data points. This article introduces a systematic way to measure China's foreign aid in … almost real-time through official customs records of exported aid goods. Our results show significant shifts in China's aid …
Persistent link: https://www.econbiz.de/10013359149
of the Covid-19 pandemic in early 2020, the results pointed towards large spillovers from the shutdown in China to … related to the shift of preferences towards goods with a large China valued-added content played a relevant role …. Interestingly, the impact of Chinese supply chain shocks is not limited to manufacturing sectors that are highly exposed to China …
Persistent link: https://www.econbiz.de/10013459723
Africa's sovereign debt markets are not well understood, partly due to a lack of data. This paper introduces the Africa Debt Database (ADD), the most granular and comprehensive dataset on external borrowing by African governments thus far. Our project moves beyond existing aggregate datasets and...
Persistent link: https://www.econbiz.de/10013472385
This paper shows that China has launched a new global system for cross-border rescue lending to countries in debt … distress. We build the first comprehensive dataset on China’s overseas bailouts between 2000 and 2021 and provide new insights … into China’s growing role in the global financial system. A key finding is that the global swap line network put in place …
Persistent link: https://www.econbiz.de/10014247738
We use data on financially distressed Chinese companies in order to study a debt market where property rights are crudely defined and poorly enforced. To help with identification we use an event where a business-friendly province published new guidelines regarding the administration and...
Persistent link: https://www.econbiz.de/10014247911
Persistent link: https://www.econbiz.de/10011334439