Sign up for our free China-Africa Week in Review email newsletter
  • This field is for validation purposes and should be left unchanged.

Follow CAP on Social Media

Listen to the CAP Podcast

Peking University Professor: Chinese Loan Losses in Asia and Africa Reinforce Painful Lessons Learned in Venezuela

by Eric Olander

The following is a transcript of a nine-part Twitter thread posted by the prominent China economist Michael Pettis, a professor at Peking University.

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

OR

Click Here to Learn More

You Might Like

Bondholders Reject Zambia’s Request to Delay Repayments Due to Concerns Over How Much Government Owes China

Zambia’s burgeoning debt crisis got a whole lot worse on Friday after a committee representing bondholders rejected the government’s request for a six-month repayment holiday on about $3 billion of Eurobond notes. ...

A 2021 Update On What We Know About Chinese Lending to African Countries

There’s ample evidence of a sharp decline in Chinese lending to developing countries, specifically in Africa. But that doesn’t mean that China is out of the development financing game altogether. 

Many in U.S. & Europe Think China’s Belt and Road is Slowing Down. Leading Chinese Development Scholars Says They’re Looking at the Wrong Data.

Leading U.S. think tanks including CSIS and international media outlets like the Financial Times have settled on a narrative that the sharp reduction in Chinese overseas development lending provides the clearest evidence to date that ...

What is The China-Africa Project?

Independent

The CAP is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Africa stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalist and a variety of stakeholders in the China-Africa discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.

Subscribe