cover image: BRIEFING PAPER 4 2021 - Twenty Years of Data on China’s Africa

20.500.12592/622121

BRIEFING PAPER 4 2021 - Twenty Years of Data on China’s Africa

6 Sep 2022

As noted an increase in commercial bank loans from China in earlier CARI research, resource-secured lending Development Bank, Industrial and Commercial Bank accounts for 26 percent of all Chinese loans in Africa, of China (ICBC), Bank of China (BOC), syndicated loans 2000 to 2019.2 However, Angola by itself accounts for 70 with Chinese and non-Chinese banks participating; percent of China’s resour. [...] The volume and the China-Africa Research Initiative (CARI) employs a modalities of Chinese lending to Angola differ from multilingual team of researchers to continually update a China’s lending to other African countries in some public database of Chinese loans to African governments important ways. [...] In 2016 and 2018, CDB lent over US$ 2.4 billion to state- the Democratic Republic of the Congo, loans backed owned enterprises in South Africa and US$ 2.8 billion by copper exports continue to finance infrastructure to state-owned banks in Egypt. [...] While several countries continue implementation, fluctuating oil prices and concerns to leverage resource exports to finance infrastructure about debt sustainability eventually led the Ghanaian development, the profile of the borrowers of these authorities to drop one of the two credit tranches in loans and the resource exports behind them are 2015, reducing the total to US$ 1.5 billion.7 After tw. [...] The data on Chinese lending to Africa from the past 10 years shows that Chinese financiers adapt to changing economic and political conditions in Africa as they learn from experiences with borrowers in debt distress and debt restructuring negotiations.
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7
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South Africa