Horn, Sebastian; Reinhart, Carmen M.; Trebesch, Christoph - 2019 - This draft: April 16, 2020
Compared with China's pre-eminent status in world trade, its role in global finance is poorly understood. This paper … World Bank. These "hidden debts" distort policy surveillance, risk pricing, and debt sustainability analyses. Since China … studies the size, characteristics, and determinants of China's capital exports building a new database of 5000 loans and …