Bartering Globalization: China's Commodity-backed Finance in Africa and Latin America

Deborah Bräutigam and Kevin P. Gallagher

Global Policy, 2014, vol. 5, issue 3, 346-352

Abstract: type="graphical" xml:id="gpol12138-abs-0002">

We estimate that Chinese banks have made commitments of approximately US$132 billion in financing to African and Latin American governments. More than 80 percent of this finance has gone to these regions since the 2008 global financial crisis.

Date: 2014
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