China

More from the Series

Blog Post
A Reckoning for China’s Opaque Overseas Lending
Scott Morris
April 07, 2020
We are so accustomed to the Chinese government’s lack of transparency that the opaqueness of China’s overseas loans seems unremarkable at this point. But as we face what inevitably looks like a global debt crisis, one that is likely to hit low-income countries particularly hard, a clear accounting o...
Blog Post
In Global COVID-19 Response, New CGD Research Shows China Should Lead on Poor Country Debt Relief
Scott Morris et al.
April 02, 2020
In new research, we find that China’s role as a creditor has likely been a key driver of more burdensome lending terms in the form of higher interest rates, shorter maturities, and shorter grace periods for lower-income countries.
POLICY PAPERS
Chinese and World Bank Lending Terms: A Systematic Comparison Across 157 Countries and 15 Years
Scott Morris et al.
April 02, 2020
China’s lending volumes in developing countries far surpass those of other bilateral creditors and compare in scale only to World Bank lending practices. Where World Bank lending terms, volumes, and policies are publicly available, the state of knowledge on official Chinese financing terms remains l...
Blog Post
COVID-19’s Impact on China’s Small and Medium-sized Businesses
Xiaobo Zhang
March 17, 2020
Since the COVID-19 outbreak began in Nov. 2019 in Hubei Province, China, business activity in the world’s second-largest economy has ground to a halt. China’s small and medium enterprises (SMEs), which generate 90% of employment, constitute 80% of exports, and account for 70% of GDP, have been hit p...
CGD NOTES
Reconciling SME Production in China with Coronavirus Control
Xiaobo Zhang
and
Ruixin Wang
February 28, 2020
With the steady decline in new confirmed cases of coronavirus in China beyond Hubei Province, public scrutiny has increasingly shifted to the economy affected by the outbreak, particularly the impact on the plethora of small and medium enterprises (SMEs). An earlier CGD note explored the impact of c...
CGD NOTES
The Impact of Coronavirus on China’s SMEs: Findings from the Enterprise Survey for Innovation and Entrepreneurship in China
Rouchen Dai et al.
February 28, 2020
Since the coronavirus outbreak began in January, Chinese business activity has been severely slowed, affecting China’s position in the global industrial supply chain. The Enterprise Survey for Innovation and Entrepreneurship in China (ESIEC) launched a survey on the “condition of micro, small and me...
CGD NOTES
China’s “Counterpart Assistance” Approach to Coronavirus: Lessons from the Wenchuan Earthquake Response
Xiaobo Zhang
and
Lihe Xu
February 26, 2020
In early 2020, a new type of coronavirus epidemic (COVID-19) emerged suddenly and spread steadily from China’s Wuhan City, Hubei Province, disrupting China’s social order. The epicenter of the epidemic, Hubei Province lacked medical personnel and epidemic prevention supplies; assistance was urgently...