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Kiel Institute in the News

How China Became a Global Lender of Last Resort

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International Finance

China

... 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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Kiel Institute Expert

  • Prof. Dr. Christoph Trebesch
    Research Director

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  • man on street

    China

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  • International Finance