Feature
Published on: 31. March 2021

Beijing's policy with loan contracts

China is the most important bilateral donor for developing and emerging countries. A research team led by the Institute for the World Economy has now been able to analyze 100 Chinese loan agreements to developing countries for the first time. China.Table was given advance access to the underlying study. The Chinese contracts contain "unusually far-reaching secrecy clauses" and ensure Beijing priority over other creditors in the event of insolvency. Some contract clauses even allow Beijing to "potentially influence" the policies of debtor countries. Despite strict contractual clauses, Beijing regularly grants debt rescheduling and deferments.

Sign up now and continue reading immediately

No credit card details required. No automatic renewal.

Sie haben bereits das Table.Briefing Abonnement?

Anmelden und weiterlesen
Last updated: 24. July 2025
Share
Copied!