SUERF Policy Brief Chinese Banks and their EMDE Borrowers: Have

The views expressed in this article are those of the authors and do not necessarily reflect those of the BIS, the IMF, or the SNB. [...] SUERF Policy Brief, No 1029 3 Chinese Banks and their EMDE Borrowers: Have Their Relationships Changed in Times of Geoeconomic Fragmentation? The Correlation of Chinese Lending Patterns Shifted from Trade to FDI Our empirical analysis also shows that the correlation patterns of cross-border lending and bilateral economic ties have changed significantly since the pandemic. [...] SUERF Policy Brief, No 1029 4 Chinese Banks and their EMDE Borrowers: Have Their Relationships Changed in Times of Geoeconomic Fragmentation? About the authors Eugenio Cerutti is an Advisor and Chief of the Macro-Financial Unit in the Strategy, Policy, and Review Department of the IMF. [...] He also served as the Assistant to the Director at the IMF Research Department, in the Macro-Financial Division of the Research Department, as well as on the IMF teams of a number of economies, including Maldives (Mission Chief), Indonesia (Deputy Mission Chief), Philippines (Deputy Mission Chief), Sweden, Turkey, Venezuela, Lithuania, Bolivia, and Barbados. [...] The views expressed are those of the authors and not necessarily those of the institutions the authors are affiliated with.