China

More from the Series

WHITE HOUSE AND THE WORLD POLICY BRIEFS
China’s Role in Developing Countries: Resetting US Policy with a “3 C’s” Agenda
Scott Morris
December 03, 2020
As much as current US policy has sought to characterize China’s lending program in blunt and strictly negative terms, the reality is mixed. 
WHITE HOUSE AND THE WORLD POLICY BRIEFS
A Plan to Address the COVID-19 Debt Crises in Poor Countries and Build a Better Sovereign Debt System
Clemence Landers
December 03, 2020
Swift and orderly action on international debt is a moral, political, economic, and security imperative for the United States. A series of disorderly and protracted debt crises would be catastrophic for the world’s poorest countries. A Biden administration can raise the G20’s ambition level to avert...
CGD NOTES
Bargaining with Beijing: A Tale of Two Borrowers
Alysha Gardner et al.
November 18, 2020
We examine the behavior of Chinese government lenders in two debt rescheduling episodes: a “low stakes” case involving Seychelles and a “high stakes” case involving the Republic of Congo. The fact that the Republic of Congo was worse off after rescheduling its debts with Beijing underscores the impo...
Blog Post
Survey: China’s Small and Medium-sized Enterprises Rebounded After the COVID-19 Lockdown, But Economic Problems Linger
Xiaobo Zhang
October 28, 2020
To understand the impact of the lockdown on China’s SMEs and the extent of their recovery, the Enterprise Survey for Innovation and Entrepreneurship in China project team conducted two rounds of telephone interviews in February and May 2020. The survey probed SMEs’ work resumption and production sit...
Blog Post
The Problem Isn’t that Chinese Lending Is Too Big, It’s that the US and Europe’s Is Too Small
Charles Kenny
and
Ian Mitchell
October 19, 2020
As the possibility of a new Cold War between the US and China gains traction in some foreign policy circles, the scale of Chinese development finance has taken center stage. A closer examination suggests the cost to China of this lending is distinctly underwhelming. It would be cheap for the US and ...
WORKING PAPERS
The Impact of COVID-19 on Small and Medium-sized Enterprises: Evidence from Two-wave Phone Surveys in China
Rouchen Dai et al.
September 14, 2020
This paper examines both the short-term and mid-term impact of COVID-19 restrictions on small and medium-sized enterprises (SMEs), based on two waves of phone interviews with a previously surveyed large SME sample in China.
Blog Post
Fiscal Policy and Income Distribution in China
Nora Lustig
and
Yang Wang
September 10, 2020
Since China introduced far-reaching economic reforms in 1978, it has experienced rapid economic growth and social development that has significantly improved the overall well-being of the Chinese population and lifted an enormous number of people out of poverty. But at the same time, income inequali...