Follow CAP on Social Media

Listen to the CAP Podcast

Report: China Lacks Comprehensive Debt Relief Strategy

Source: State Administration of Foreign Exchange (SAFE) of China and authors’ depiction

A new report by the International Institute of Green Finance (IIGF) at the Central University of Economics and Finance in Beijing appears to echo some of the same themes that emerged from Boston University’s Overseas Chinese Lending Database, specifically related to an apparent sharp decline in Chinese lending to countries along the Belt and Road Initiative (BRI).

The paper, written by researchers Yue Mengdi and Christoph Nedopil Wang, concluded that since 2018, “China’s newly-issued loans to the rest of the world have decreased significantly” and confirm that borrowers are finding it increasingly difficult to service existing loans.

  • 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.

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.