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The Latecomer's Rise: Policy Banks and the Globalization of China's Development Finance
By Muyang Chen
eBook
$21.99
By Muyang Chen
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In The Latecomer's Rise, Muyang Chen reveals the nature and impact of a rapidly growing form of international lending: Chinese development finance.
Over the past few decades, China has become the world's largest provider of bilateral development finance. Through its two national policy banks, the China Development Bank (CDB) and the Export-Import Bank of China (China Exim), it has funded infrastructure and industrial projects in numerous emerging markets and developing countries. Yet this ve...