It wasn't that long ago when China lent tens of billions of dollars to developing countries in Africa and the Americas to build vast amounts of badly-needed infrastructure. Now, it appears, those days are over.
Concerns over debt sustainability, corruption, and poor planning have all led to a dramatic fall-off in Chinese lending in those regions.
Deborah Brautigam, director of the China-Africa Research Initiative at Johns Hopkins University, and Kevin Gallager, head of the Global Development Policy Center at Boston University join Eric & Cobus this week to talk about what the latest data on Chinese lending reveals and how Chinese development finance is rapidly evolving.
SHOW NOTES:
CARI Report: Twenty Years of Data on China's Africa Lending: bit.ly/3rzgksu
Chinese Interactive Loan Database at Boston University: chinaafricaloandata.org/
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Twitter: @eolander | @stadenesque | @d_brautigam | @KevinPGallagher
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