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Press Release
March 31, 2021
A new study and dataset released today reveals previously unknown details about China—the world’s largest official creditor—and its lending practices to developing countries.
How China Lends finds that Chinese state-owned banks are muscular, commercially savvy lenders that use contracts to positi...
CGD in the News
October 14, 2020
"Finance ministers and officials from around the world will gather soon for a virtual annual meeting of the International Monetary Fund and World Bank. Sometimes these gatherings lead to major international announcements. This time, two weeks before the highly consequential elections in the U.S., it...
Press Release
April 02, 2020
As the COVID-19 economic crisis brings about rising concerns over debt sustainability in developing countries, a new report from the Center for Global Development finds that China's loans tend to have shorter grace periods and maturities and higher interest rates than loans from the World Bank....