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:
JOIN THE DISCUSSION:
Facebook: www.facebook.com/ChinaAfricaProject)
Twitter: @eolander) | @stadenesque) | @d_brautigam) | @KevinPGallagher)
SUBSCRIBE TO THE CAP'S DAILY EMAIL NEWSLETTER
Your subscription supports independent journalism. Subscribers get the following:
A daily email newsletter of the top China-Africa news.
Access to the China-Africa Experts Network
Unlimited access to the CAP's exclusive analysis content on chinaafricaproject.com
Subscriptions start at just $7 a month. Use the promo code "Podcast" and get a 20% lifetime discount on your annual subscription: www.chinaafricaproject.com/subscribe)
See Privacy Policy at https://art19.com/privacy) and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info).