Kiel Institute in the News

How China Became a Global Lender of Last Resort

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... China provided 128 rescue loans in 22 countries from 2008 to 2021, according to researchers from the U.S.-based research lab AidData, the World Bank, Harvard Kennedy School, and the Kiel Institute for the World Economy. The loans were provided after countries struggled to repay their debts from the Belt and Road Initiative, ...

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